Google Cofounders Page And Brin Selling Alphabet Shares After Years Of No Sales

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, 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.

Brin last sold shares of Alphabet in November 2017, while Page had not unloaded shares since February of that year. At the time of’ 2017 World’s Billionaires list, Brin was worth $39.8 billion and Page was worth $40.7 billion. After the recent stock transactions,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.

Since stepping down from their day-to-day positions, Page and Brin have kept low profiles. Bayshore Global Management, the family office that manages Brin’s wealth, opened a new location in Singapore last October. His philanthropic organization, the Sergey Brin Family Foundation, has

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If I were to glance at this headline, I would have read it as Alphabet not making any sales.

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