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Kalanick Sells $1.5 Billion of Uber in Weeks After Lockup

  • Uber co-founder has sold more than half his stake in November
  • Stake in ride-hailing company is now a minority of his fortune
Travis Kalanick
Travis KalanickPhotographer: Krisztian Bocsi/Bloomberg
Updated on

Travis Kalanick’s November selling spree has almost reached $1.5 billion.

The Uber Technologies Inc. co-founder sold about $578 million of stock over three days this week, extending a series of transactions since a lockup ended Nov. 6. More disposals may be coming, with a Nov. 11 filing signaling Kalanick could offload his entire stake.