Zuckerberg’s auction stick to Meta shares

According to the online economy report, quoted by Isna, according to the statement prepared with the American regulator, Mark Zuckerberg, who is the CEO of Meta Platform Company, sold these shares between November 1 and the end of 2023.

On average, each sale was worth $10.4 million, and the largest sale of $17.1 million was made on December 28.

Prior to this time, Zuckerberg had not offered shares of the company for sale since November 2021, when the value of Meta shares fell to a record low. Meta’s share price has recovered from a seven-year low hit in late 2022 and is up 194% in 2023. In 2023, the company’s stock outperformed other major technology companies except for Nvidia.

According to Bloomberg’s Billionaires Index data, 39-year-old Zuckerberg owns about 13 percent of Meta’s stock and has a fortune worth about $125 billion, making him the seventh richest person in the world.