{"id":31074,"date":"2020-12-04T15:46:34","date_gmt":"2020-12-04T10:16:34","guid":{"rendered":"https:\/\/www.the-next-tech.com\/?p=31074"},"modified":"2020-12-04T15:46:34","modified_gmt":"2020-12-04T10:16:34","slug":"zuckerberg-sold-280m-worth-of-facebook-stock-in-the-past-month","status":"publish","type":"post","link":"https:\/\/www.the-next-tech.com\/business\/zuckerberg-sold-280m-worth-of-facebook-stock-in-the-past-month\/","title":{"rendered":"Zuckerberg sold $280M worth of Facebook stock in the past month"},"content":{"rendered":"<p>Facebook\u2018s chief exec Mark Zuckerberg has sold nearly $280 million worth of company stock in the last month \u2014 his first sales of the year.<\/p>\n<p>Zuckerberg began devoting shares on November 9, and he is currently generating almost $12.10 million daily on average by promoting his FB stock.<\/p>\n<p>The sales come in the tail end of a relatively average year for Facebook inventory. The <a href=\"https:\/\/www.the-next-tech.com\/business\/how-to-use-technology-and-social-media-for-business-growth\/\">social networking<\/a> giant&#8217;s share price has increased 37 percent in 2020, although the tech-heavy NASDAQ 100 index jumped 40 percent.<\/p>\n<p>Zuckerberg netted between $267 and $287 per share, together with all sales made based on pre-set trading strategies lodged with the US Securities and Exchange Commission.<\/p>\n<p>Facebook\u2019s stock price at the time of writing is $287.52.<br \/>\n<span class=\"seethis_lik\"><span>Also read:<\/span> <a href=\"https:\/\/www.the-next-tech.com\/mobile-apps\/how-to-cancel-spotify-premium\/\">Spotify User? Guide To Cancel Spotify Premium Subscription<\/a><\/span>\n<h2>As Facebook\u2019s top shareholder, Zuckerberg\u2019s wealth is tied its stock<\/h2>\n<p>For us, a quarter of a billion dollars in 1 month is life-changing. However, to Facebook&#8217;s boy-wonder, it is only the tip of this&#8230; Zuckerberg.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-31076 aligncenter\" src=\"https:\/\/s3.amazonaws.com\/static.the-next-tech.com\/wp-content\/uploads\/2020\/12\/19135048\/fb-stocks-300x212.jpg\" alt=\"fb stocks\" width=\"400\" height=\"212\" \/><\/p>\n<p>Source: TNW<\/p>\n<p>Zuckerberg&#8217;s net value is a huge $109 billion, based on Bloomberg, which makes him the fourth wealthiest man in the world behind Microsoft&#8217;s Bill Gates, Tesla&#8217;s Elon Musk, and Amazon&#8217;s Jeff Bezos.<\/p>\n<p>Business Insider estimated Zuckerberg has increased his net worth by $9 billion annually since the firm went public at 2012, during that time Facebook inventory has returned over 580 percent.<br \/>\n<span class=\"seethis_lik\"><span>Also read:<\/span> <a href=\"https:\/\/www.the-next-tech.com\/finance\/loan-apps-like-moneylion-and-dave\/\">30+ Loan Apps Like MoneyLion and Dave: Boost Your Financial Emergency (Best Apps Like Dave \ud83d\udd25 )<\/a><\/span>\n<p><a href=\"https:\/\/www.the-next-tech.com\/gadgets\/facebook-announced-new-various-voice-controlled-products-said-mark-zuckerberg\/\">Zuckerberg<\/a> has offered $12.72 billion value of Facebook inventory in those eight decades, together with his whopping $2.3 billion market place at December 2013 still his biggest to date. Facebook&#8217;s share price climbed that year.<\/p>\n<p>At the moment, Reuters noted Zuck wanted all that money to pay a hefty tax bill. I am currently taking bets through Twitter concerning that which Zuck will spend his money this moment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facebook\u2018s chief exec Mark Zuckerberg has sold nearly $280 million worth of company stock in the last month \u2014 his<\/p>\n","protected":false},"author":147,"featured_media":31079,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-31074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts\/31074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/users\/147"}],"replies":[{"embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/comments?post=31074"}],"version-history":[{"count":3,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts\/31074\/revisions"}],"predecessor-version":[{"id":31080,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts\/31074\/revisions\/31080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/media\/31079"}],"wp:attachment":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/media?parent=31074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/categories?post=31074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/tags?post=31074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}