Mark Zuckerberg halts Facebook stock sale as value PLUMMETS over privacy scandals

BILLIONAIRE Mark Zuckerberg has halted the sale of his Facebook stock after the company’s value collapsed last year.

The controversial 34-year-old has seen his company fall from grace, and failed to sell a single share in the last three months of 2018.

Back in September 2017, Zuck promised to flog between 35million and 75million of his Facebook shares over 18 months.

It was part of a promise to give away most of his fortune, which requires converting stocks to hard cash.

Since then, he’s sold about 30.4million shares worth roughly $5.6billion (£4.4billion).

But Bloomberg says that the Facebook CEO has stopped selling shares after 2018 saw Facebook’s worth plummet.

 

www.thesun.co.uk/tech/8112733/mark-zuckerberg-facebook-stock-selloff/

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