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Mark Zuckerberg Sells Stock Every Day as Billionaires Cash Out

  • Richest Americans have sold $42.9 billion of stock this year
  • Google founders Brin, Page make their first sales since 2017
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WATCH: Super-wealthy Americans including Bezos and Musk unloaded $42.9 billion in stock through the start of December. Ben Steverman reports.Source: Bloomberg

Mark Zuckerberg sold Meta Platforms Inc. stock almost every weekday of this year. The founders of Google began to unload shares in May, which is also when two of the three Airbnb Inc. co-founders started diversifying their stakes. 

The transactions are part of a surge of selling by the very richest Americans. They unloaded $42.9 billion in stock through the start of December, more than double the $20.2 billion they sold in all of 2020, according to an analysis of transactions by U.S. billionaires on the Bloomberg Billionaires Index, a daily ranking of the world’s richest 500 people.