German Manager Magazin: Palantir: CEO Alex Karp achieves $ 1.9 billion through stock sales004026

Alex Karp (57), head of the software company Palantirhas earned more money from stock sales since the beginning of last year than all other tech CEOs in the USA, with the ecxeption of Mark Zuckerberg, as the “Financial Times” (FT) reported. The CEO, known for its unorthodox appearances and provocative sayings, had sold Palantir shares worth $ 1.9 billion since January 2024-explosive, because: Karp had sharply attacked analysts and empty sellers last year who had accused the company a drastic overvaluation.

After the election victory of US President Donald Trump (78) Palantir’s share price had meanwhile increased by more than 200 percent, even by almost 350 percent throughout the year. According to the FT, Karp made a lot of cash on during this leap. In the past few weeks, the Palantir share had lost a third of these profits again.

Analysts who observed the development of Palantir had predicted this course and partially called Karp as “freak show leader”. The CEO reacted to this during a lecture in new York In February and said he would love the idea of ​​exhausting fentanyl-offset urine on these analysts with a drone. These would have tried to fool him and his investors. According to FT, Karp can earn another $ 800 million through stock sales in the current year. According to the financial research platform “Vertiydata”, the CEO holds foreign exchange worth $ 12.8 billion.

In September last year, Palantir was first included in the technology-based S&P 500 index. The group applies alongside Nvidia and Tesla As one of the most traded companies worldwide and enjoys cult status with its investors, just like his boss Karp. An analyst of the FT told anonymously that he had even received murder threats from shareholders due to negative analyzes. On the Reddit social media platform, over 100,000 users regularly discuss the trade in Palantir shares, Karp is referred to as “Daddy Karp”.

Tim Cook (64) from Apple, Sundar Pichai (52) from Google, Andy Jassy (57) from Amazon and Satya Nadella (57) from Microsoft If they had sold between $ 30 and $ 80 million in stocks of its companies since the beginning of 2024, the FT reports. So Karp earned more than eight times as much through stock sales in the past year as the four Big Tech bosses in the United States. The Palantir CEO only has to look jealous to meta boss Mark Zuckerberg (40), who sold shares worth $ 3.5 billion in the same period.

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