Meta’s Mark Zuckerberg, JP Morgan Chase CEO Jamie Dimon and other billionaires sold billions in stock before Trump’s Tariff announcement
In a striking revelation, Meta CEO Mark Zuckerberg, JP Morgan Chase CEO Jamie Dimon, and Oracle CEO Safra Catz offloaded shares in the first quarter ahead of President Donald Trump’s tariff announcement that tumbled markets worldwide. According to a Bloomberg report, Zuckerberg sold 1.1 million shares worth $733 million in Q1 through his Chan Zuckerberg Initiative and its related foundation. The report says the shares sale was made in January and February when Meta’s stock was still trading above $600. The company’s shares have declined by 32% since then.
JP Morgan Chase CEO joins the pre-crash selloff