{"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":"

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

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

The sales come in the tail end of a relatively average year for Facebook inventory. The social networking<\/a> giant’s share price has increased 37 percent in 2020, although the tech-heavy NASDAQ 100 index jumped 40 percent.<\/p>\n

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

Facebook\u2019s stock price at the time of writing is $287.52.
\nAlso read:<\/span> Top 10 Trending Technologies You should know about it for Future Days<\/a><\/span>\n

As Facebook\u2019s top shareholder, Zuckerberg\u2019s wealth is tied its stock<\/h2>\n

For us, a quarter of a billion dollars in 1 month is life-changing. However, to Facebook’s boy-wonder, it is only the tip of this… Zuckerberg.<\/p>\n

\"fb<\/p>\n

Source: TNW<\/p>\n

Zuckerberg’s net value is a huge $109 billion, based on Bloomberg, which makes him the fourth wealthiest man in the world behind Microsoft’s Bill Gates, Tesla’s Elon Musk, and Amazon’s Jeff Bezos.<\/p>\n

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.
\nAlso read:<\/span> Top 10 IT Companies In The World By Market Cap<\/a><\/span>\n

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’s share price climbed that year.<\/p>\n

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":"

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":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts\/31074"}],"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}]}}