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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
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MasterLee · 56-60, M
People are allowed to buy and sell
Convivial · 26-30, F
@MasterLee that's true... What people are NOT allowed to do is to buy and sell when they have information that is not available to the public... It's called insider trading and is highly illegal... That money they made came out of everyone's pocket who owned shares in that company... In simple it's called cheating and if you're ok with than say so
MasterLee · 56-60, M
@Convivial like congress critters?
Convivial · 26-30, F
@MasterLee like many... But none of that makes it right or legal
MasterLee · 56-60, M
@Convivial not right or legal but nothing that I can do about it.
Convivial · 26-30, F
@MasterLee not true...
Briggett · T
@MasterLee remember these all of the king pins sitting behind trump at inauguration ball.
He done stole the money and has dared any one of them to say anything. The pimp done pimped them got played.
Now it could be a big power play if the market goes up 2000 points in early morning trading.