"Zuckerberg Unloads $500 Million in Meta Shares Amidst Company Shifts"
Mark Zuckerberg, CEO of Meta Platforms Inc., sold nearly $428 million worth of company shares over the final two months of 2023, marking his first sales since November 2021. This move came after Meta's stock price rebounded significantly from a seven-year low. Zuckerberg's sales occurred daily, totaling approximately 1.28 million shares. Despite the sales, Zuckerberg remains the seventh-richest person in the world with a 13% ownership of Meta and a net worth of about $125 billion. The company's stock performance has been strong, nearly reaching its record high from September 2021.