From Nasdaq:

Mark Zuckerberg is continuing his selling spree of Meta Platforms, Inc. stock, selling over $45 million worth of shares, about 97,093 class A common shares. Since November 2023, he has sold nearly 2 million shares, netting around $744 million.

Zuckerberg’s stock sales have increased, with him offloading 408,453 shares this month alone, totalling over $188 million. In January alone, his sales amounted to $428 million. His shares have a quarterly dividend, with potential earnings of around $700 million annually.

Meta’s stock is faring well, rising 32.78% year-to-date, with a 164.16% increase over the past year. Meta’s turnaround is due to efficiency efforts, AI advancements, and increased ad spending. Zuckerberg’s net worth is $169 billion from approximately 13% ownership of Meta shares.

By December 2023, Meta emerged as the second-best-performing S&P 500 stock, with a 190% year-to-date gain. Meta’s stock rally plummeted from a year-long downward trend to a six-year low, but has since recovered following strategic restructuring initiatives. Zuckerberg’s net worth surged to $169 billion from Meta’s stock surge.



Read more: Mark Zuckerberg Continues To Make A Killing With Meta’s Spectacular Surge By Selling Another $45M Worth Of Shares