The two have sold $448 million worth of Alphabet stock since May—in their first sales since 2017.
have begun to offload their shares in the tech giant.Page and Brin, the eighth and ninth richest people in the world, have collectively sold about $448 million worth of Alphabet stock over the past month, according to filings with the Securities and Exchange Commission. Brin
got the sales started, and has now taken home, after taxes, about $122 million from sales between May 7 and May 11. Page followed shortly after, with a set of sales between May 11 and May 13. On Thursday June 3, he unloaded another $41 million worth of shares, bringing his total take home this year to nearly $160 million after tax deductions. The sales represent a tiny sliver of each man’s net worth.
Brin last sold shares of Alphabet in November 2017, while Page had not unloaded shares since February of that year. At the time ofForbes’ 2017 World’s Billionaires list, Brin was worth $39.8 billion and Page was worth $40.7 billion. After the recent stock transactions, headtopics.com
Forbesestimates that Brin is now worth $99.2 billion and Page is worth $102.4 billion.It is not clear why the pair have recommenced their stock sales, and an Alphabet spokesperson did not respond to a request for comment by the time of publication. In December 2019, Page and Brin stepped down from their positions as CEO and president of Alphabet, respectively, but the two remain on the board and together have majority voting power in the company. Even after the recent sales, they hold more than 51% of Alphabet’s voting shares, meaning they are able to steer boardroom decisions at the Mountain View, California firm.Read more: Forbes »
Virgin Galactic's rocket reaches space with Richard Branson on board
The suborbital trip edges out fellow billionaire and Amazon founder Jeff Bezos, who is planning a similar feat July 20 with his company, Blue Origin.
布林还是一脸稚气，喜欢谷歌公司 How much will 1k get me ? 🤲🏾🥺 🤔 If I were to glance at this headline, I would have read it as Alphabet not making any sales. Inflation
European regulators launch fresh probes of Facebook, GoogleEuropean Union and British regulators opened dual antitrust investigations Friday into whether Facebook distorts competition in the classified advertising market by using data to compete unfairly against rival services. German officials, meanwhile, launched a fresh investigation of Google using stepped up powers to scrutinize digital giants. The multiple probes represent the latest escalation by European regulators in their battle to rein in the dominance of big American tech companies.
G7 leaders strike deal on taxing Amazon, Facebook, GoogleG7 leaders reach 'historic' agreement to crackdown on tech giants by forcing Amazon, Facebook, and others to pay more tax With a verified gmail account,Computer or even a smartphone you can earn(0.12BTC) €5000 within 24hrs ,ask me how with the name of your country.Or kindly write me Sofiakingston_ FinanceInsider If some of the rumors of multinationals being taxed extra are true, then that could set a great trend for the future of small business, competition and better prices. It's unfortunate that the UK is just a US state at this point and won't implement this more so than brexit
Accidental Billionaires: How Seven Academics Who Didn’t Want To Make A Cent Are Now Worth BillionsDatabricks CEO Ali Ghodsi and his cofounders weren’t interested in starting a business, and even less interested in making a profit on the tech. Eight years later, at least three are billionaires. Amazing! Not surprised at all. I am surprised at the lack of racial diversity tho
Jennifer Lopez Takes a Break from Bennifer 2.0 to Snuggle Up With Twins Max and EmmeJennifer Lopez shared a new series of pictures on Instagram of herself with 13-year-old twins Max and Emme.
Another way the pandemic disrupted U.S. employment? More workers are testing positive for marijuanaThe coronavirus pandemic shook up the U.S. employment picture last year, but one trend persisted: a rising share of workers who test positive for marijuana. IT'S A BIG PROBLEM We miss employment meant when we characterize unemployment
Why I ditched app folders and embraced phone chaosLive in the mess.data-page-subject=true Hurts my OCD so much Yeah don’t bother organizing, just care about the home screen (maybe) and the if you need something that’s not there, just search… if you find yourself searching for the same app then move it to the home screen