The list of stock selling
executives includes many renowned philanthropists,
such as Bill Gates ($124M), Larry Page ($60M)
and Sergey Brin ($60M), as well as many lesser
known millionaires who are often more discreet
about their wealth and their philanthropy efforts.
One of the top 10 cash-raisers on the list is
the Chairman of TD Ameritrade Joe Moglia, who
sold more than $29 million of AMTD's stock during
the month of January. Not only is Mr. Moglia the
Chairman of AMTD, but he is also the head football
coach of Coastal Carolina University. Before embarking
on his career in finance, Moglia was a football
coach for 16 years. After stepping down from his
CEO post at AMTD, he returned to football. Mr.
Moglia has a Masters in Economics from the University
of Delaware and an undergraduate degree from Fordham
Another notable executive
in the top 10 is Noel Watson, who is the Chairman
of Jacobs Engineering Group. During January, Watson
sold $27.6 million of JEC's stock. Jacobs Engineering
Group, which provides technical, professional
and construction services, has seen its stock
jump by nearly 16% year-to-date. Mr. Watson holds
a B.S. in chemical engineering from the University
of North Dakota.
Also on the list is Sheryl
Sandberg, Facebook's Chief Operating Officer.
Sandberg sold $24 million worth of Facebook's
stock during the month. She is also on the social
networking company's board and holds nearly $1
billion of the company's unvested stock. Before
Facebook, Sandberg was the chief of staff for
the U.S. Treasury Department during Bill Clinton's
presidency. Ms. Sandberg has a bachelor's degree
and an MBA from Harvard.
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