Mark Zuckerberg Cashing Out $2+ Billion in Facebook Stocks

Partially to pay his taxes

With his stock ringing up all-time highs, Facebook CEO Mark Zuckerberg is cashing out $2.3 billion worth of holdings and jingling his sleigh bells.

Zuckerberg's stock sale, in part to pay taxes, comes as the CEO is handing a $1 billion donation worth of shares to the Silicon Valley Community Foundation. The gift will boost his philanthropic efforts in education, including to local school districts. It's an interest shared by his wife, who went into teaching after Harvard, and one that has landed him teaching in a nearby school.