In November of this year, various entities associated with Zuckerberg sold about 682 thousand Meta shares worth about $185 million.
Mark Zuckerberg sold shares of his company Meta Platforms Inc. for the first time since November 2022. amid growth in their quotes, according to documents submitted to the Securities and Exchange Commission. Bloomberg reported this.
It was noted that in November of this year, various organizations associated with Zuckerberg sold about 682 thousand Meta shares worth about $185 million.
Meta’s market value is also reported to have increased by 172% from the beginning of the year to the end of November, a record pace among the largest US IT companies, with the exception of Nvidia Corp. The share price is approaching an all-time high recorded in 2021.
Bloomberg reports that Zuckerberg still owns about 13% of Meta. His wealth is estimated at $117.7 billion.
Let’s recall that earlier Meta ensured that Ukrainian content on Facebook and Instagram was not moderated from Moscow, but later – at the height of Russia’s war against Ukraine – they called Kyiv “part of Russia.”
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.