(Bloomberg) — Travis Kalanick’s November selling spree has almost reached $1.5 billion.The Uber Technologies Inc. co-founder sold about $578 million of stock over three days this week, extending a series of transactions since a lockup ended Nov. 6. More disposals may be coming, with a Nov. 11 filing signaling Kalanick could offload his entire stake.The 43-year-old’s holding in the ride-hailing company now constitutes far less than half of his $3.3 billion fortune. The shift started even before Uber’s May listing, with Kalanick participating in private transactions after he was ousted as chief executive officer in 2017.“While it is usual to …read more
Source:: Yahoo Finance
