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Mark Zuckerberg Has Lost This Much Money for Changing Facebook’s Feed [Fortune]

FACEBOOK (FB)  More Company Research Source: Fortune
Last facebook earnings: 4/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
PDF By Chris Morris 10:20 AM EST Facebook stock took a hit after the social network announced massive changes to its news feed. And no one felt that hit more than Mark Zuckerberg. The founder and CEO of Facebook owns over 400 million shares of the company, meaning stock fluctuations hit him the hardest. The trick is figuring out exactly how hard — and that’s where things get a little difficult. As of April 14, 2017, the company’s last proxy statement , Zuckerberg owned over 2.6 million shares of Class A stock and nearly 411 million Class B shares. In September, though, he announced plans to sell as many as 75 million shares over the following 18 months “to fund the philanthropic initiatives of [he] and his wife, Priscilla Chan,” according to a filing. So, for argument’s sake, let’s say he’s halfway through that sales [Read more]

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