Zuckerberg's charity sells $95M of Facebook stock

Posted online August 22, 2016 | 11:34 am

Facebook founder Mark Zuckerberg's charity late last week sold over 760,000 shares of the social media company.

The Chan Zuckerberg Initiative made $95 million on the sale.

It's the first cash infusion into the for-profit charity group, which seeks to "advance human potential and promote equality for all children in the next generation."

Read more from CNNMoney.

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