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Microsoft and Google founders sold billions in stock this year Microsoft and Google founders sold billions in stock this year
(1 day later)
Bill Gates sold a whooping $1.5 billion of stock in Microsoft this year making him the top corporate insider who sold the most stocks in his company, according to a new research.Bill Gates sold a whooping $1.5 billion of stock in Microsoft this year making him the top corporate insider who sold the most stocks in his company, according to a new research.
The Microsoft founder was closely followed by other tech executives such as Google co-founders Sergey Brin and Lawrence Page who each sold more than $800 million of company's stocks in 2015, according to Sqoop.com. Brin took  up two positions in the top ten by selling shares not only in Google but also in Alphabet which the company acquired in October this year.The Microsoft founder was closely followed by other tech executives such as Google co-founders Sergey Brin and Lawrence Page who each sold more than $800 million of company's stocks in 2015, according to Sqoop.com. Brin took  up two positions in the top ten by selling shares not only in Google but also in Alphabet which the company acquired in October this year.
New to the list from the first half of the year, WhatsApp CEO and co-founder Jan Koum sold $561 million worth of stock to land in fourth place.New to the list from the first half of the year, WhatsApp CEO and co-founder Jan Koum sold $561 million worth of stock to land in fourth place.
While former Twitter CEO Evan William sold $359 million of shares in the company he helped to build.While former Twitter CEO Evan William sold $359 million of shares in the company he helped to build.
Sqoop's end of the year list include data until December 5 and does not specify whether the stock sales were preplanned.Sqoop's end of the year list include data until December 5 and does not specify whether the stock sales were preplanned.
The news alerting service collects data throughout the year by tracking the amount of money company’s insiders have made from stock sales as disclosed to the Securities and Exchange Commission. The list is compiled by totalling the top 200 insider sales for the year, and then separating out institutional investors to leave out  company insiders only.The news alerting service collects data throughout the year by tracking the amount of money company’s insiders have made from stock sales as disclosed to the Securities and Exchange Commission. The list is compiled by totalling the top 200 insider sales for the year, and then separating out institutional investors to leave out  company insiders only.
Best Buy Co Inc founder Richard Schulze talks with Microsoft President Steve Ballmer