EDEN CONFIDENTIAL: Now Sir Nick Clegg pockets £6million in latest tech shares sale By RICHARD EDEN FOR THE DAILY MAIL Published: 17:29 EST, 20 November 2024 | Updated: 18:15 EST, 20 November 2024 e-mail 27 shares 2 View comments As Rishi Sunak insists that he will remain an MP and not join the Silicon Valley gravy train, Sir Nick Clegg has demonstrated how staggeringly lucrative it can be. I can disclose that former deputy prime minister Clegg has added to his riches by pocketing £6.1million from the sale of some of his stock holdings in Meta .
The ex-Liberal Democrat leader disposed of 13,833 shares in the American tech giant this week and last, according to stock market filings. The sale netted up to £454 per share. It comes on top of the £8.
7million worth of Meta holdings that Clegg disposed of in August. Since 2022 he has sold other shares in the firm worth around £12million, taking his total profit to £27million. And there's more to come, as he retains a further £13million in share options.
Clegg is president of global affairs for Meta, which owns Facebook , WhatsApp and Instagram . He is said to be paid a yearly salary of more than £15million. Having worked for Meta since 2018 and with the sale of his stock holdings, Clegg's total earnings add up to £117million so far.
In addition, he bagged a £3.6million profit from the sale of his Californian mansion when he moved back to the UK in 2022 after a three-year stint in the US. Nick Clegg (pictured) has added to h.