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February 28, 2024
Yalll

What do they Know we don’t? 🤔

High-profile CEOs, Founders, and Heirs are Selling Stock by the Bucketload

• Jeff Bezos sold Amazon shares worth $8.5 billion in multiple transactions this month.
• Jamie Dimon, CEO and chairman of JPMorgan Chase, sold $150 million in stock last week, his first cashing out since taking the top job at the bank 18 years ago.

• Leon Black, co-founder and former CEO of Apollo Global Management, shed $172.8 million in stock—also a first-ever stock sale.

• Mark Zuckerberg unloaded about 1.4 million shares of Meta stock worth roughly $638 million.. He sold nearly $600 million in the three months leading up to February and his proceeds from combined sales during the past four months have reached $1.2 billion.

• The Walton family, heirs to Walmart’s founder, sold $1.5 billion in Walmart stock this month.

https://finance.yahoo.com/news/great-cashout-jeff-bezos-leon-013410626.html

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