April 21, 2025 – A wave of significant stock sales by top corporate executives emerged just prior to President Donald Trump’s announcement of tariff policies, as reported by Bloomberg. Executives from major companies, including Meta CEO Mark Zuckerberg, Oracle CEO Safra Catz, and JPMorgan Chase CEO Jamie Dimon, collectively divested billions of dollars in company shares.
Zuckerberg, through his “Zuckerberg Initiative” and associated foundations, sold 1.1 million Meta shares in the first quarter, valued at 733million.ThesetransactionsoccurredinJanuaryandFebruarywhenMeta′sstockpricewasstillabove600. Since then, Meta’s shares have plummeted by 32% amid a broader market sell-off.
Oracle’s Safra Catz was another key player in the sell-off, offloading 3.8 million shares worth approximately 705millionbeforethecompany′sstockpricefellbyover30234 million in shares during the first quarter.
The first quarter of this year saw global markets experience severe turbulence. Uncertainty surrounding Trump’s tariff policies triggered widespread market sell-offs, erasing trillions of dollars in global market value.
Even the world’s richest individual, Elon Musk, was not immune to the impact of the tariff policies. Reports indicate that Musk’s wealth has shrunk by $129 billion this year as technology sector stocks took a heavy hit.
