Billionaires cash out shares early before Trump’s tariff plunge

Insiders including Meta Platforms’ Mark Zuckerberg, Oracle Corp’s Safra Catz and JPMorgan Chase & Co’s Jamie Dimon cashed out shares worth billions of dollars before President Donald Trump’s tariff announcements roiled markets.

BILLIONAIRE SELL-OFF
The top insider sellers during the first three months of the year, according to Washington Service

Table with 4 columns and 10 rows.
Billionaire Title Value sold ($US) Shares sold
1 Mark Zuckerberg Chairman and chief executive, Meta Platforms $733.5M
$733.5M
1.1M
2 Safra Catz Chief executive, Oracle $705.5M
$705.5M
3.8M
3 Nikesh Arora Chairman and chief executive Palo Alto Network $432.4M
$432.4M
2.4M
4 Max De Groen Director, Nutanix $409.8M
$409.8M
5.5M
5 Chuck Davis Director, Axis Capital Holdings $400M
$400M
4.4M
6 Stephen Cohen President, Palantir Technologies $337.2M
$337.2M
4.1M
7 Jamie Dimon Chairman and chief executive, JPMorgan Chase & Co $233.8M
$233.8M
866.4K
8 Eric Lefkofsky Chairman and chief executive, Tempus AI $231.5M
$231.5M
4.1M
9 Ted Sarandos Co-chief executive, Netflix $194.9M
$194.9M
199.1K
10 Travis Boersma Co-founder and chairman, Dutch Bros $189.6M
$189.6M
2.5M
Source: Washington Service

whowasthatmaskedman · 70-79, M

Your facts are right. But your reasoning is incomplete. The cash will be used to buy assets in other currencies, fearing the drop in relative value of the $US.Even assets in the US like real estate, gold or Yachts will be a better investment than shares in US companies..😷

whowasthatmaskedman · 70-79, M

@Briggett Yeah.....Nah! Now subtract the $36 Trillion America owes the rest of the world. A number that has been steadily rising for decades. Then shot through the roof under the current President..Any savings in the US is undermined by both the overseas debt, that has boosted the standard of living off all Americans (yes . Its kept the prices of everything lower by postponing payment) And also by the lack of long term investment by government and business. Look at the worn out and crumbling everything..No one has kept it up and it will fail or need replacement soon..

Briggett · T

@whowasthatmaskedman this what you need to understand about the GOP since the Nixon administration they don’t believe in building or fixing anything. Everything that we use only a daily basis is needed of repair or replacement.
The only reason the local school houses got a facelift was because of the decline in certain demographics in this area.