Facebook: Co-Founder Sells 450,000 Shares
When you’ve got enough shares of one of the most successful and richest companies in the world, why not sell them after a while? Looks like one person is following exactly that strategy. According to AP, Dustin Moskovitz, co-founder of Facebook, has just sold another whopping 450,000 company shares and made some $8.7 million. Not bad!
The internet and the world have been buzzing for a while now, as Moskovitz has been getting rid of 150,000 shares per day. Every three days he published his sales figures, making the online community and probably business men everywhere gasp yet again. AP reports that even with this latest sale, Moskovitz still owns more than 130 million Facebook shares. His last filing took place late on Wednesday and connected sales from Monday until that day. Prices per share ranged from $19 to $19.49.
Moskovitz was co-founder of Facebook in 2004 with CEO Mark Zuckerberg, but left in 2008 to start his own software company, Asana.
More about Facebook’s earnings since becoming a public company:
You will find more statistics at Statista
Stephanie Kopf writes for the blog www.trenditionist.com
She has lived in Siberia, New York City and Germany. Her subject areas include anything related to the human psyche, European news, education, communication in all its forms, as well as the interaction of all of these with each other.