Mark Zuckerberg Sold Facebook Stock Nearly Every Weekday Last Year For Almost 11 Months

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Mark Zuckerberg Sold Facebook Stock Nearly Every Weekday Last Year For Almost 11 Months
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Meta Platforms CEO Mark Zuckerberg went on a selling spree in 2021

... [+].—sold shares of the company formerly known as Facebook on nearly every business day last year for a total of nearly $4.6 billion before taxes, according tocalculations of Securities and Exchange Commission filings. The only month he didn’t sell any shares was December. About 89% of the proceeds, or nearly $4.1 billion, went to his philanthropic and advocacy organization, the Chan Zuckerberg Initiative.

Plenty of other billionaires took advantage of the runup in stock prices to sell billions of dollars worth of holdings last year. Jeff Bezos sold more than $8.8 billion worth of Amazon stock in 2021, including

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