The American “Bloomberg” agency said, on Wednesday, that “the CEO of Meta”, which owns Facebook, Mark Zuckerberg, sold nearly half a billion dollars of the company’s shares within two months.”
The same agency added, “During the period between November and December 2023, Zuckerberg sold 1.28 million shares for $428 million, after a two-year hiatus.”
She continued: “On average, each sale received $10.4 million, the largest of which was on December 28 with a value of $17.1 million. Since November 2021, Zuckerberg has not sold any shares of his company Meta.”
It should be noted that over the past year, the company’s share price has rebounded by 194 percent from its lowest level in 7 years near the end of 2022. While Meta did not respond to Bloomberg’s request for comment.
In addition, Meta shares outperformed the shares of all other technology giants, with the exception of Nvidia.
Zuckerberg, 39 years old, owns about 13 percent of Meta, and his net worth is about $125 billion, according to the Bloomberg Billionaires Index, making him the seventh richest person in the world.
2024-01-04 15:19:21
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