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Snap CEO Evan Spiegel sells stock worth $50 million
short by Shifa Naseer / on Sunday, 18 February, 2018
Snap's CEO Evan Spiegel has sold his stock worth over $50 million, marking his first personal stock sale since the company went public in March last year. The sale was conducted according to a pre-arranged sales plan and was only 1% of his holdings. He still retains control of the company and has a net worth of around $4.5 billion.
read more at Recode