Meta Platforms, which owns Facebook, founder and president Mark Zuckerberg sold the company’s stocks in 2024 years for more than $2 bn, MarketWatch reports.
The record sale of its stock in 2024 was finalized last week after the liquidation of nearly 36 thousands of Meta Platforms Securities at a cost of almost 23 bn . dollars.
Mark Zuckerberg exploited the increase in Meta Platforms share price driven by technological companies, etc.The demand for the securities of the community so called the Supplied Network . Company capitalisation grew by more than two thirds in the last year and in December the price of Meta Platforms share reached a historic peak.
MarketWatch reports that in 2023 Mark Zuckerberg sold Meta Platforms ownership of Securities only for 400 million dollars.Earlierintwoyears,whenthecompany’svaluewasfalling,itdidnotsell shares.
