Zuckerberg Sells First Meta Shares in Two Years After 172% Surge
- Meta co-founder unloaded $185 million of stock in November
- Sales come as Meta outperforms most major US tech companies
Mark Zuckerberg
Photographer: Christophe Morin/BloombergThis article is for subscribers only.
Mark Zuckerberg is selling Meta Platforms Inc. stock for the first time in two years after the social media giant rapidly rebounded from a tumultuous 2022.
The Meta co-founder’s trust as well as entities for his charitable and political giving unloaded about 682,000 shares worth almost $185 million in November through trading plans, with the latest disclosed Wednesday, according to data compiled by Bloomberg from regulatory filings. That’s the first time entities that manage Zuckerberg’s fortune have sold shares since November 2021.