Billionaires Are Selling Mega-Sized Stock Blocks After Surge
- Corporate insiders sold $24.4 billion of shares this year
- Brin’s Alphabet sales were his first disposal in four years
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Stock sales are reaping a windfall for the world’s richest shareholders.
Corporate insiders including Amazon.com’s Jeff Bezos and Google co-founder Sergey Brin have ramped up stock sales recently, cashing in on a 14-month long bull market that’s helped boost fortunes to the tune of trillions.