Netflix Co-Founder Reed Hastings Gifts $500 Million in Stock to Silicon Valley Charity Group

Category: Business

Reed Hastings, co-founder of Netflix, donated 790,000 shares worth approximately $500 million to the Silicon Valley Community Foundation, marking his second donation to the organization this year. After this transaction, he retains over 2.2 million shares valued at nearly $1.4 billion.

Keywords: Reed Hastings, Netflix, charity donation

Source: Media Play News

Update At: 7/27/2024

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