{"id":2395,"date":"2019-09-03T10:02:49","date_gmt":"2019-09-03T10:02:49","guid":{"rendered":"https:\/\/promediaz.com\/?p=2395"},"modified":"2019-09-14T01:11:43","modified_gmt":"2019-09-14T01:11:43","slug":"what-do-you-know-of-selling-millions-of-facebook-shares","status":"publish","type":"post","link":"https:\/\/promediaz.com\/en\/what-do-you-know-of-selling-millions-of-facebook-shares\/","title":{"rendered":"Mark Zuckerberg decided to sell millions of his Facebook shares this year"},"content":{"rendered":"

 <\/p>\n

This wasn’t the first time for Zuckerberg to sell his shares.<\/p>\n

Also, Jeff Bezos did the same as Mark,<\/a> where he has sold a lot of his Amazon shares this year. and this was not the first time for him also to do so.<\/p>\n

Number of sold Facebook shares<\/strong><\/h2>\n

Do you know how many shares es did Zuckerberg sold this month?<\/p>\n

According to the US regulatory filings for August 2019<\/a>, he sold around 1.6 million of his shares.<\/p>\n

The sold shares for this month worth approximately $296 million.<\/p>\n

Add to it, that the sold of Facebook shares since the beginning of 2019 worth more than $526 million.<\/p>\n

A known reason for selling Facebook shares in the past<\/strong><\/h2>\n

There is an initiative known by Chan Zuckerberg initiative<\/a>.<\/p>\n

Mark Zuckerberg and his wife decided to have this initiative.<\/p>\n

The Chan Zuckerberg initiative is concerned with Science, Education, Justice, and Opportunity.<\/p>\n

A lot of Facebook stock sales was linked in the past for fundraising the Zuckerberg initiative.<\/p>\n

So, Is he selling millions of his shares now for the same initiative?<\/p>\n

When are the shares sold?<\/h2>\n

When the stock’s value raise, that is when the shares are sold.<\/p>\n

Since the 22nd of August, the shares price for Facebook is raised with “39%<\/strong>“.<\/p>\n

Although Facebook is facing more regulatory investigations than the past, stock sales are still coming.<\/p>\n

Also, there are increased investigations that Facebook faces because of the Libra project that the Facebook company aims to implement.<\/p>\n

The investigations are mainly conducted by “Europian and US authorities<\/strong>“.<\/p>\n

Facebook Libra project<\/h3>\n

This project is a project proposed by Facebook. It is concerned mainly with dealing with Libra blockchain digital currency for Facebook transactions.<\/p>\n

Conclusion<\/h2>\n

If you are interested in buying shares now, Just note that they are expensive but available due to the raise that occurred to their price.<\/p>\n","protected":false},"excerpt":{"rendered":"

  This wasn’t the first time for Zuckerberg to sell his shares. Also, Jeff Bezos did the same as Mark, where he has sold a lot of his Amazon shares this year. and this was not the first time for him also to do so. Number of sold Facebook shares Do you know how many […]<\/p>\n","protected":false},"author":54,"featured_media":2403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-2395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"\nWhy Mark Zuckerberg is selling millions of Facebook shares?<\/title>\n<meta name=\"description\" content=\"Not only Zuckerberg is selling millions of Facebook shares, but also Bezos is selling millions from his Amazon website shares.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/promediaz.com\/en\/what-do-you-know-of-selling-millions-of-facebook-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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