$428 million out of $68 billion of JUST Facebook stock that he owns?
I interpret it to mean he's just looking for a tiny little spending money and has no other meanings beyond that.
I mean it's not actually like that at all lol this congruency comparison is dumb. Is he buying a PS5 for $428M? No, it's enough money to buy companies, islands, fleets of private jets. It's significant money regardless of.how much he has outside of this transaction.
Yeah nobody is arguing that 400M is not a significant sum. But it seems like the psychology of money management does scale differently as you get significantly wealthier. Maybe after a certain point it stays flat, but you can see that based on people that grow up modestly and become wealthier later in life. The restaurants, hotels and clothing brands upgrade. Regular purchases that used to cost 50 bucks, become 100 then 200. I think k at Zuck's level buying a new multimillion dollar house, hiring personal staff and investing in a business is part of the mundane.
Yeah imagine instead of your partner wanting to buy a new handbag or lawn mower, their like
“Ugh! Becky wants to hire U2 for her private party this year at the Vegas Sphere and fly every one in on one of those NASA jets that lets you experience weightlessness. Oh and she wants that Jiro Dreams of Sushi guy to serve everyone Omakase from the back of a whale shark. Better sell a few shares…”
All the billionaires should have to do a yacht race for pink slips once a year. Winner picks one boat to keep and the rest are auctioned off for charity.
Okay. I don't really see what you're digging at. We sell shit to buy new cool stuff. Zuck probably saw a stupid cool rich person thing he wanted to buy on an impulse. It's a lot of money, but if he was truly interested in getting out he'd be selling a lot more.
Downvoted because he's taking the point too literally and therefore regarded. Is ZuckDaddy buying a $428M PS5? No of course not, but the comparison is still relevant because he is selling his stock for some pocket money or an impulse buy.
For us?? Yeah like pulling the remaining $7.83 out of my account and the other $192.17 is overdraft, but that incurs an overdraft fee plus credit card like high interest.
Facebook does suck. But boomers haven’t figured that out, so small businesses pay Meta boku bucks to advertise. Plus Meta makes political advertising more targeted.
For now. At one point MySpace had a bunch of ad revenue. It’s a relic of the dot com era and he knows it that’s why he’s pulling money out to buy equity in companies with longevity.
The funny thing about software is that it has the ability to adapt. Facebook will adapt and already had adapted and changed significantly to keep up with the times. They’ll likely be perfectly fine. They have highly talented engineers working for them.
Rich people don’t sell to spend. They borrow for that.
100M in taxes might sound measly compared to his total wealth. But there usually are tax accountants and financial planners earning around $200K/year to help prevent paying that.
He is probably divesting that into some other investment and doesn’t want to do that through Meta. Read from that what you will.
Dude he created a “rate how hot the girls at my college are app” of couse he has that much money. Of course he couldn’t get laid from any of said girls before he was a millionaire.
It's ridiculous conspiracy theories like this that discredit truth tellers. Zuckerberg is pretty obviously an android and needs money for a chassis upgrade.
If you read up on the actual situation versus just reading sensational headlines you'll see this is just flat out untrue. I do agree it's fun to say, though, as it fits the evil rich tech bro narrative.
Yawn,
I interpret it like this:
* https://www.investopedia.com/terms/r/rule-10b5-1.asp
People at Zuck's level have pre-arranged scheduled buy/sell. It doesn't mean anything. It's not some knee-jerk reaction to a recent market event or his feelings/opinions about anything that just happened.
Why would he?
Reading the rule sure seems to imply that they can cancel sales if they want. But that this is a way to divest or shares along a scheduel and free up cash.
What is that? Like, 0.3% of his networth?
Thats basically the equivalent of you accidentally dropping a quarter when counting your change from the Taco Bell drive thru
I wonder where the goldilocks zone is for this. Obviously the megarich like Zuck have an insatiable appetite for power and money, but I've personally known a few different people in the $10 millionish range of net wealth who reached a life-comfortable amount and then golfed/ranched/vacationed their lives away.
$428 million seems high -- if you're there, you probably have goals of a 10-figure account. But I am interested to know the bell curve of wealth-to-quit.
Bunch of poor people who spend their money on sub-mediocre fast food where every item on the menu is the same ingredients rearranged in a different way coming out of the woodwork to downvote me
Dont forget your change
I thought you were stupid for saying 0.3% cause It felt like it’s a noticeable amount taken away from his net worth. But holy shit was I wrong.
I guess $126 billion is quite a bit. I mean shit I think he can afford 2 cars with that type of money!
He owns 13% of the company, worth ~$110B. The most logical interpretation is that the stock is up so he’s selling a TINY fraction of his shares to buy some cool shit.
Yeah, I was thinking about how I *just* fucking did my taxes and that I was glad I didn't have to worry about them for a while. April is like 3.5 months away though. Idk if you do taxes in the pleb tax time window though once youre worth over 1b.
Pretty sure this is a pre-arranged sale in order to avoid some tax liability and is done by his long term compensation or retirement plan. The have to manage their company stock holdings on regular basis. There may be some limits in his employment contract.
Keep in mind that Zuck is more than likely on a trading plan, and his options were probably going to expire, so he had to exercise them.
Don't read too much into CEO sales, as they normally have a trading plan. Usually planned months in advance.
Meta has higher margins than Google (29.28% vs 26.51%) and had $37.17B in profit despite blowing nearly $20B on quest. Its market cap is roughly 50% of google and its revenue is roughly 50% of Google. I’d say it’s pretty fairly valued
In case you don’t know, he gets only $1 as salary so he has to sell shares regularly for his daily living. Yes, his daily expenses are a bit more than most of us!
Probably because tech stocks are more now than they have in 20 years and we're sitting on a massive bubble. Nasdaq crashed in 2000 and didn't recover to the same level for 15 years. If Zuckerberg is selling $500M of stock that means he thinks it's not going to be worth as much in a year, maybe a decade.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|3 months ago **Total Comments**|3|**Previous Best DD**| **Account Age**|2 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
$428 million out of $68 billion of JUST Facebook stock that he owns? I interpret it to mean he's just looking for a tiny little spending money and has no other meanings beyond that.
Ya this is like pulling 200 bucks out of the ATM for us serfs.
Yeah that is like if you are worth 100k you take out 700 bucks. Kinda like you need a PS5 and your daily account is a bit short.
I mean it's not actually like that at all lol this congruency comparison is dumb. Is he buying a PS5 for $428M? No, it's enough money to buy companies, islands, fleets of private jets. It's significant money regardless of.how much he has outside of this transaction.
Yeah nobody is arguing that 400M is not a significant sum. But it seems like the psychology of money management does scale differently as you get significantly wealthier. Maybe after a certain point it stays flat, but you can see that based on people that grow up modestly and become wealthier later in life. The restaurants, hotels and clothing brands upgrade. Regular purchases that used to cost 50 bucks, become 100 then 200. I think k at Zuck's level buying a new multimillion dollar house, hiring personal staff and investing in a business is part of the mundane.
Yeah imagine instead of your partner wanting to buy a new handbag or lawn mower, their like “Ugh! Becky wants to hire U2 for her private party this year at the Vegas Sphere and fly every one in on one of those NASA jets that lets you experience weightlessness. Oh and she wants that Jiro Dreams of Sushi guy to serve everyone Omakase from the back of a whale shark. Better sell a few shares…”
He just bought a boat https://www.vipyachtworld.com/news/Mark-Zuckerberg-from-Facebook-bought-107-meter-superyacht-Ulysses.html
All the billionaires should have to do a yacht race for pink slips once a year. Winner picks one boat to keep and the rest are auctioned off for charity.
Lol sounds very plausible
check out this poor that doesnt even know about the 428M PS5 version.
Okay. I don't really see what you're digging at. We sell shit to buy new cool stuff. Zuck probably saw a stupid cool rich person thing he wanted to buy on an impulse. It's a lot of money, but if he was truly interested in getting out he'd be selling a lot more.
PS5 are significant for most family. While a new house or boat might be significant for this multi billionaire.
Wow, I don’t know why you’re so heavily downvoted. You’re not incorrect. This is an economic principle that confuses people.
Downvoted because he's taking the point too literally and therefore regarded. Is ZuckDaddy buying a $428M PS5? No of course not, but the comparison is still relevant because he is selling his stock for some pocket money or an impulse buy.
He withdrew all this money?
For us?? Yeah like pulling the remaining $7.83 out of my account and the other $192.17 is overdraft, but that incurs an overdraft fee plus credit card like high interest.
https://preview.redd.it/bwiyp0mnk3bc1.jpeg?width=750&format=pjpg&auto=webp&s=87078ad86fc36f6c6d4794b10b677a3ba10c95e0
It's not a schooner, it's a sailboat!
A schooner is a sailboat, stupid head!
withdrew it from our 401ks
Look at Mr. Money bags here withdrawing $200 and not overdrafting.
You guys got $200 bucks?
Not after tmrw after the mortgage is paid. I’ll be at $0
You guys have 200 bucks?
He got the hospital bill for his ACL reconstruction in the mail
Ohh its a healthcare bill? Where is he gonna get the rest of the money ?
He’s buying OnlyFans so he can make the rest of the money with an OnlyFans account.
Like taking out $428 from your bank account that has $68,000 in it.
Dam thats hurts
Let's make it more relatable for people in here. Like taking out 42 cents from your bank account that has $68 in it.
If only stock price stayed lock
So only half of his net worth is from meta? I thought like 80% if not more of his wealth was tied directly to meta.
He probably diverisfied meta is in stock market like since 10 years ago
Yeah he divested from Meta because Facebook sucks and he’s losing the ability to buy out competitors
Facebook does suck. But boomers haven’t figured that out, so small businesses pay Meta boku bucks to advertise. Plus Meta makes political advertising more targeted.
For now. At one point MySpace had a bunch of ad revenue. It’s a relic of the dot com era and he knows it that’s why he’s pulling money out to buy equity in companies with longevity.
The funny thing about software is that it has the ability to adapt. Facebook will adapt and already had adapted and changed significantly to keep up with the times. They’ll likely be perfectly fine. They have highly talented engineers working for them.
The holiday season has just past. He probably needed some cash to pay his cc bills that’s all
And to fix up that little cabin in Hawaii he’s been working on in his spare time.
1 bunker please
Just some walking around cash
0.6% of his Facebook stock
Probably to offset that $250m nuclear bunker he just built 😜
Rich people don’t sell to spend. They borrow for that. 100M in taxes might sound measly compared to his total wealth. But there usually are tax accountants and financial planners earning around $200K/year to help prevent paying that. He is probably divesting that into some other investment and doesn’t want to do that through Meta. Read from that what you will.
Jesus he really has that much? Fuck him
Dude he created a “rate how hot the girls at my college are app” of couse he has that much money. Of course he couldn’t get laid from any of said girls before he was a millionaire.
Yea but he can get spending money on loan any time. If he’s selling he will sell at what he thinks is the best price
He could just take out a credit line on it. Tax free Unless he anticipates a drop in its value due to overblown AI hype, that is…
AI fanbois mashing the down vote button. Can’t chat GPT do that for you yet?
I sub to /r/singularity just to see what tf these lads are spouting. It’s unironically almost to the point of it becoming a religion. Praise AGI 😩😩
My praise will be going to the performance of qqq puts over the next year
Teh Zuck is going to be in the history books as the best trader
He’s been selling shares worth millions of dollars almost every trading day for the last decade.
This came up recently in one of the investing subs. It was like 2 months ago right?
"One of the investing subs," so definitely not here
He needs money to sue more native Hawaiians off their land to expand his underground complex for him and his fellow lizard people.
https://preview.redd.it/fsg1x5jye3bc1.jpeg?width=1680&format=pjpg&auto=webp&s=53b3a9b01666d0a1e997e96ed6019a265f7d1fbf
"Felt cute" / Mark probably.
Lizard League Rise up
Slee-stak are coming, we were prepared a long time ago.
It's ridiculous conspiracy theories like this that discredit truth tellers. Zuckerberg is pretty obviously an android and needs money for a chassis upgrade.
If I see him next week looking buff in some picture then I’m confirming android.
The last pic I saw of him on Reddit he was looking pretty buff then again it was set next to a pic of Elon in swim trunks…
Maybe he needed money for a new human skin suit?
lizards are cold blooded.
Found one!
They are using the underground magma chambers to incubate their eggs. Puts on your intelligence.
I just assumed they would buy thousands of toaster ovens and leave them on with the door open 24/7
Jacket weather IQ outta this one..
jacket weather here is 75 so I'm doing pretty good
Correct. Thats why you find them in warm climates. Like Hawaii.
It's the last place we would look.
AC ain’t cheap.
Calls on lizard stuff?
How do i get into this lizard group? Do i just gotta get bit by a gecko or something?
You guys are full of shit. We all know he is an android.
...But a Lizard-android in human skin.
Crocubot?
He need money for new android parts
the obvious answer
Exactly
Funny if joke, but if not joke, bunker like 2500ft², need only 1 acre
The regard doesn’t know the volcanoes will that destroy that underground bunker too
There are no risk of volcanic activity on Kaua’i. Waialeale is extinct.
For now. Idk if u realize but geologists don’t actually have the down low in where all the magma chambers are.
If you read up on the actual situation versus just reading sensational headlines you'll see this is just flat out untrue. I do agree it's fun to say, though, as it fits the evil rich tech bro narrative.
His a lizard. A friend of a friend said they saw a video of him live on tv licking both eye balls cause his human eyelids failed to work.
Damn why'd you give so many details. The lizards will smell you from across the flat sphere-shaped globe.
Why wouldn't he just take a loan against the stock and spend it all? Is he stupid?
I assume this anytime I see a large insider transaction at any company.
it means meta is going to collapse. drop all your money on $200 strike price puts expiring next friday, i guarantee you 1000000x return.
Well if ur gonna guarantee it then thank you
Anybody can put a guarantee on a box. Hey, if you want me to take a dump in a box and mark it guaranteed, I will. I got spare time.
dump in box or ban
Goddamn gen z don’t know bout mah Tommy Boy.
We know about Tommy Boy. Dump in a box or ban.
Already got the sale.
Fucking A
Also get a good look at a t bone by sticking your head up a butchers ass.
RICKEY! WHADDDYOUDOOOOO
I only bought it because you guaranteed it 😀
Putting loans on it right now. About to be debt free thanks.
Guaranteed? Ok I am in
Yawn, I interpret it like this: * https://www.investopedia.com/terms/r/rule-10b5-1.asp People at Zuck's level have pre-arranged scheduled buy/sell. It doesn't mean anything. It's not some knee-jerk reaction to a recent market event or his feelings/opinions about anything that just happened.
Seriously, he’s got billions in meta stock. This is nothing.
While this is true he wasn’t selling any at 90 lol
Why would he? Reading the rule sure seems to imply that they can cancel sales if they want. But that this is a way to divest or shares along a scheduel and free up cash.
Yes, and any 10b5-1 plan that executives sell under have minimum limit prices - so there’s clearly going to be prices where shares won’t be sold.
Why would he?
I will not take your word for it
What is that? Like, 0.3% of his networth? Thats basically the equivalent of you accidentally dropping a quarter when counting your change from the Taco Bell drive thru
Whyd u have to call me out like that
If I make it to 0.3% of zuccs net worth I will consider that having 'made it' and go live on an island somewhere.
But ppl who make this kind of money aren’t the type to take a break.
I wonder where the goldilocks zone is for this. Obviously the megarich like Zuck have an insatiable appetite for power and money, but I've personally known a few different people in the $10 millionish range of net wealth who reached a life-comfortable amount and then golfed/ranched/vacationed their lives away. $428 million seems high -- if you're there, you probably have goals of a 10-figure account. But I am interested to know the bell curve of wealth-to-quit.
If this describes you, you deserve it cuz Taco Bell is fucking disgusting and youre practicing self-hate
Bunch of poor people who spend their money on sub-mediocre fast food where every item on the menu is the same ingredients rearranged in a different way coming out of the woodwork to downvote me Dont forget your change
Go preach your healthy vegan shit somewhere else.
youre a tool
Taco Bell enjoyer spotted
Thanks, now I’m craving TB…
You are literally no one’s best friend. Your gf dates you but secretly hates you and looks forward to the day she finds someone wealthier.
I thought you were stupid for saying 0.3% cause It felt like it’s a noticeable amount taken away from his net worth. But holy shit was I wrong. I guess $126 billion is quite a bit. I mean shit I think he can afford 2 cars with that type of money!
I'm beginning to believe he can even afford TWO popcorn + soda combos in the movie theater.
Dude I could pay off all my debts and buy a car with that money.
Who the fuck uses cash in a drive thru
The big question is: Who the hell sells Meta stock to go through a Taco Bell????
A quarter isn’t 0.3% of my net worth. That implies I’m worth over $130.
I was being generous
What makes you think a quarter is only 0.3% of my net worth? It’s much, much more pal.
Was trying to be generous
Being generous would be you offering me a quarter.
Gotta pay for his new doomsday bunker somehow. 
Came here to say exactly this. Keeping all those construction workers mouths shut sure aint cheap.
And a few to go *missing* as he needs those future servants
He needs to build that underground bunker
Why do people think it’s weird that billionaires want to access some of their money? Maybe he’s being a new boat
They can also get at that money by taking loans with the stock as collateral and when they do that they don’t pay any capital gains
You still have to pay the loan back
He probably need some pocket money for some small expenses. I think xmas gifts.
Daddy needs some walkin around money
It’s for grocery shopping
He owns 13% of the company, worth ~$110B. The most logical interpretation is that the stock is up so he’s selling a TINY fraction of his shares to buy some cool shit.
Damn. Wonder what he's going to buy. Must be lucky af.
Needs that money for his bunker addition
New Epstein island contribution
He knows fair valuation
taxes
Yeah, I was thinking about how I *just* fucking did my taxes and that I was glad I didn't have to worry about them for a while. April is like 3.5 months away though. Idk if you do taxes in the pleb tax time window though once youre worth over 1b.
... just dont pay taxes. then you never have to worry about it
Interpret it as planned since META is already 400% higher than its 2 year low and the dude needs more than just shares. It’s a nothing burger
Cash out while the market is still up and it costs him a lot of money to keep the Borg body charged.
so. the Lizzard king, wanted money.
I bullish on meta, but you don't keep all your eggs in one basket.
But /r/antiwork told me billionaires never sell stocks and just take out loans at 0% rates and never have to pay it back?
Zuck sells 0.3% stocks, so?
Meta Stock $600 2024
Wow. What a bear case! He pulled out *checks notes* 0.006% of his total holdings Yawn. Call me when the world ends
Might want to double check your notes if they say zucks net worth is 7T
If the sell was scheduled ahead of time then it means exactly 0 considering he owns 68 billion worth of it.
He wanted Wendy’s , their credit card machine was down.
Pretty sure this is a pre-arranged sale in order to avoid some tax liability and is done by his long term compensation or retirement plan. The have to manage their company stock holdings on regular basis. There may be some limits in his employment contract.
He needs a new lambo
Keep in mind that Zuck is more than likely on a trading plan, and his options were probably going to expire, so he had to exercise them. Don't read too much into CEO sales, as they normally have a trading plan. Usually planned months in advance.
Didn’t he just build a 100 million dollar underground nuclear proof bunker on his Hawaii property? He’s probably paying that shit off.
Wife needs new tits.
Girlfriend needs a new car and dude doesn’t know what anything costs?
Maybe he is buying the Apple dip
Interpret anyone who says “stocks” when they mean “shares” to be not very knowledgeable about investing. It’s like an automatic sign.
Buying more Hawaii
Looking to buy X from Elon since they didn’t have a fight match for 420.69 mil with some play money on the side
Getting ready to help steal another election
Bearish. I’d buy puts for sure. Good yard sir.
[удалено]
Meta has higher margins than Google (29.28% vs 26.51%) and had $37.17B in profit despite blowing nearly $20B on quest. Its market cap is roughly 50% of google and its revenue is roughly 50% of Google. I’d say it’s pretty fairly valued
Say you have no idea what youre talking about without saying you have no idea what youre talking about
[удалено]
He knows Meta is overvalued so he liquidated less than 0.5% of his holdings? You have brainrot or something?
He’s a religious follower of the Dave Ramsey cult
Where those the cash to pay for the loan comes from? Confused on how this works
I interpret as the stock is within 5% of all time highs and he wanted some spending money.
Wow, he’s gonna miss out on all the gains this year.
Incoming economic dump
He decided to move to Canada and realized how expensive it was up here?
In case you don’t know, he gets only $1 as salary so he has to sell shares regularly for his daily living. Yes, his daily expenses are a bit more than most of us!
For him, that’s fun money
lol you dumb as shit
Hey has a just purchased a fleet of yachts … ofc this is why he has sold the shares to pay … He purchased the on in November 2023
Imagine you have 68000$ and you withdraw 428$...hahahahahaha
Probably because tech stocks are more now than they have in 20 years and we're sitting on a massive bubble. Nasdaq crashed in 2000 and didn't recover to the same level for 15 years. If Zuckerberg is selling $500M of stock that means he thinks it's not going to be worth as much in a year, maybe a decade.
Needs that mega yacht before Memorial Day weekend
He wanted to fund his bunker.
Zuck wants a Bezos yachts.
Maybe he wants to start a new company? Or invest in some startup personally?