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Billionaires Are Selling Mega-Sized Stock Blocks After Surge

-- Stock sales are reaping a windfall for the world’s richest shareholders.Corporate insiders including Amazon.com’s Jeff Bezos and Google co-founder Sergey Brin have ramped up stock sales recently, cashing in on a 14-month long bull market that’s helped boost fortunes to the tune of trillions.U.S. public company insiders offloaded shares worth $24.4 billion this year through the first week of May, with about half sold through trading plans, according to data compiled by Bloomberg. That’s almos
Billionaires Are Selling Mega-Sized Stock Blocks After Surge

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  • FredChu
    ·2021-05-14
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