Friday, 24 March, 2023

Zuckerberg’s stake in FB down to 14% as he sells stocks every day

<p>Mark Zuckerberg has sold his Facebook shares almost every business day since Nov, 2020. He has sold 9.4mn shares that amass a total of $2.8 bn. The 37 years old billionaire gets around $2.1 bn after taxes. Since FB&rsquo;s IPO, Mark has reduced his stake in the company from 28% to 14%. Since the IPO of 2012 he has sold 132 mn shares worth $15bn. The same has been done by Amazon&rsquo;s Jeff Bezos and Google&rsquo;s Larry Page and Sergey Brin.</p>