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Sergey Brin sold $366-mn Tesla shares to set up nonprofit: Report
short by Ananya Goyal / on Sunday, 23 April, 2023
Google Co-founder Sergey Brin reportedly sold Tesla shares worth $366 million in December 2021 while the stock was near its peak and is using the money to set up a nonprofit called Catalyst4. As per Bloomberg, Catalyst4 will help Brin obtain tax breaks as well as increased political influence. It is reportedly focused on health and climate change.
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