Over the past decade, Sandberg has sold over 75% of her shares through regularly scheduled share sale programs.
Sheryl Sandberg leaves Meta as one of the highest-profile and most successful women in tech — and after more than $1.7 billion in stock sales. Sandberg announced Wednesday that she is stepping down from her role as chief operating officer after 14 years at Meta, formerly known as Facebook. Sandberg will remain on the social media company’s board. Sandberg’s wealth totals an estimated $1.6 billion, according to Forbes, making her the second wealthiest woman in tech after Meg Whitman. Whitman previously held the top job at Hewlett Packard Enterprise and is worth an estimated $3.2 billion, according to Forbes. Sandberg is also one of the rare non-CEOs and non-founders to become a billionaire. While many corporate executives tend to hold on to the bulk of their shares as a show of confidence in their companies, Sandberg has been an aggressive and consistent seller of Facebook (now Meta) stock. Over the past decade, Sandberg has sold over 75% of her after-tax shares through regularly scheduled share sale programs, according to research firms that track the sales. In total, she sold over 22 million shares for more than $1.
