Facebook and Google Sold Billions of Stocks in 2015

By Isaiahmikael

Dec 24, 2015 05:10 PM EST

According to the latest findings, Bill Gates sold a roaring $1.5 billion of stocks in Microsoft for the year of 2015. This makes him the top corporate insider to have sold the most stocks in the company and in today's corporate ladder.

Other high executives according to Sqoop.com closely followed the founder of Microsoft. Google co-founder Sergey Brin and Lawrence page that each sold stocks of more than $800 million this year. Brin not only sold stocks by Google but also sold shares in Alphabet, which the company acquired in October this year.

An addition to the list is WhatsApp CEO and co-founder Jan Koum, who sold stocks worth of over $561 million making him land in the fourth position.

In seventh place we have former Twitter CEO Evan Williams who sold $359 million of shares in the company he helped to create.

The familiar brand Best Buy, founded by Richard Schulze, also made a whooping stock sales of more than $292 million dollars. Earned him a top contender at 8th place following Evan Williams.

The data gathered from Sqoop's ran until December 5, 2015 and does not state whether if these sales were preplanned or not. The information gathered is disclosed to the Securities and Exchange Commission after being tracked by the amount of money the company insiders make from stock sales. The list is than compiled by tallying the top 200 insider sales for the year while separating institutional investors out to leave only company insiders.

Here is a list of the top 10 contenders for this year.