Did Mark Zuckerberg sell Facebook, Meta stock? What to know

Victoria Moorwood, Cincinnati Enquirer
Mark Zuckerberg is the CEO of Meta Platforms, Inc., which owns several social media sites that were down Tuesday.
Mark Zuckerberg is the CEO of Meta Platforms, Inc., which owns several social media sites that were down Tuesday.

Meta social media platforms experienced technical difficulties Tuesday, leading users to search questions on Google about the company's co-founder.

Mark Zuckerberg launched Facebook in 2004 and took the company public in 2012. In November 2021, Facebook changed its name to Meta Platforms, Inc. The company owns Instagram, its flagship Facebook brand, Threads, WhatsApp and Oculus.

Technical difficulties led users to look into Zuckerberg's recent Meta stock sales. Here's what we know.

Did Zuckerberg sell Facebook stock?

Zuckerberg sold nearly $428 million worth of Meta Platforms, Inc. shares at the end of 2023, according to Market Watch, which referenced a regulatory filing with the U.S. Securities and Exchange Commission.

Bloomberg also noted the Meta co-founder and CEO had not sold any Meta stock since November 2021.

Zuckerberg owns roughly 13% of Meta, according to the Bloomberg Billionaires Index, as of February.

Mark Zuckerberg net worth

Zuckerberg's net worth is $171.6 billion as of Tuesday, according to Forbes, making him the fourth-richest person in the world today.

Does Mark Zuckerberg own Facebook?

Zuckerberg is the CEO of Meta, Facebook's parent company.

This article originally appeared on Cincinnati Enquirer: Did Mark Zuckerberg sell Facebook stock? What to know

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