Reed Hastings Gifts $1.1 Billion Of Netflix Stock To Silicon Valley Nonprofit ...Middle East

Netflix founder and executive chair Reed Hastings has gifted 2 million shares, worth over $1.1 billion at the stock’s current price, to the Mountain View, California-based Silicon Valley Community Foundation, Deadline has confirmed. The move was noted in a recent SEC filing without the beneficiary named. The donation was a big chunk of Hastings’ Netflix […]

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