Mark Zuckerberg sold over $2.2 billion worth of Meta shares in 2023, leveraging the stock's 82% rise, as Meta joined the $1 trillion market cap club.
Despite the promise to give away most wealth through the Chan Zuckerberg Initiative, many sales come as Meta's stock soars past all-time highs.
Zuckerberg’s stock sales achieved $153.2 million in December 2023 alone, marking a significant turnaround from the previous years of losses and a selling hiatus.
The company's 2023 pivot toward generative AI marks a stark contrast to struggles faced during the push for a metaverse amidst declining Facebook user numbers.
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