Tech titans cash in: Bezos, Zuckerberg lead Mag7 insider stock sales

Tech titans cash in: Bezos, Zuckerberg lead Mag7 insider stock sales

Tech industry insiders are capitalising on soaring stock prices in the US.
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Tech industry insiders, mirroring Jeff Bezos and Mark Zuckerberg, are capitalizing on soaring stock prices in the US. Executives from top companies like Alphabet and Apple are cashing in, collectively earning over $160 million since late 2023. Sundar Pichai, CEO of Alphabet, has already pocketed $30 million this year alone. As the market surges, insiders are seizing the opportunity, signalling a prudent approach amidst market exuberance.

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By Ben Stupples

Insiders at the Magnificent Seven tech companies are following Jeff Bezos and Mark Zuckerberg in realizing gains from the stocks that have largely powered the boom in US equity markets.

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