The breakdown showed that the liquidated shares of companies in the technology sector represent US $ 41,000 million. It is about 48 top executives who in total raised more than US $ 200 million each from the sale of their titles.
According to the analysis of the medium, which in turn has information from InsiderScore, These figures are four times higher than the average rates throughout the years 2016-2020. It is detailed, among the causes, that it could be due to the rise in prices and in view of possible changes in the tax legislation of the United States and some of its states in particular.
The CEO of SpaceX and Tesla, Elon Musk, in his last big divestitures, sold $ 931 million in shares that added to the previous $ 7.8 billion. Google co-founders Larry Page and Sergey Brin sold nearly 600,000 shares of Alphabet each (Google’s parent company) for about $ 1,500 million.
For their part, the Walton family, owner of the Walmart chain of stores, quadrupled the sales of their company titles to u $ s6,500 million gross so far this year. Meanwhile, the head of Meta, Mark Zuckerberg, has already raised about US $ 4.5 billion this year, that is, almost seven times more compared to last year.
The founder of Amazon, Jeff Bezos, and Microsoft CEO Satya Nadella are also following the trend. Nadella received a few u $ s374 million for shedding half of his stock package last month. Meanwhile, Bezos, who usually earns a few u $ s10,000 million from the sale of its titles to finance its space asset Blue Origin.
Source From: Ambito
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