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Are billionaires selling stock?

High-profile CEOs, founders, and heirs are selling stock by the bucketload in the companies that made them billionaires. For nearly the entire bunch, share prices are trading near all-time highs. Jeff Bezos sold Amazon shares worth $8.5 billion in multiple transactions this month.

Who sold 150 million in stock last week?

Meanwhile, Jamie Dimon, CEO and chairman of JPMorgan Chase, sold $ 150 million in stock last week, his first cashing out since taking the top job at the bank 18 years ago. Around the same time, Leon Black, co-founder and former CEO of Apollo Global Management, shed $172.8 million in stock —also a first-ever stock sale.

Did billionaires sell stocks in Q1?

In Q1, billionaires and other high-net-worth investors sold a number of stocks. Here are 20 stocks they unloaded over the most recent three-month period. A lot of money continues to flow into hedge funds and other billionaire money managers – even as those hedge funds underperform and shrink their positions.

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