Or rather not.
quoting⚡️🚨 NEW - American billionaires MASSIVELY sold their shares just before the "crash"!
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👉 Mark Zuckerberg sold 1.1 million META shares for $733 million in January-February when the share price was over $600 (today: -32%!)
👉 Safra Catz, CEO of Oracle, liquidated 3.8 million shares for $705 million before the stock fell -30%
👉 Jamie Dimon of JPMorgan pocketed $234 million in stock sales just after the stock hit its annual peak
The timing is nice though!
These massive sell-offs came just weeks before the announcement of tariffs that caused billions of dollars to evaporate on global markets.
A Nutanix executive pocketed $409m after swearing 8 months earlier that he would NOT sell his shares!
Some billionaires are now taking advantage of the downturn to buy back shares at knock-down prices and increase their holdings.
On page 2 Mark Zuckerberg and other top officers in META Facebook are dumping all of their stock as fast as humanly possible per recent SEC filings.
