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

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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.

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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.

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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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