USA - Jeff Bezos, Mark Zuckerberg and other magnates dumped billions in stocks between late 2023 and early 2024. In early March 2024, fear of a potential US financial and economic downturn spread among some internet users after they came across rumors alleging that several business tycoons recently sold billions of dollars in their own companies' stocks. "The Walton family just sold 4.5 billion of Walmart stock," the viral message read. "And, Jeff Bazo [sic] sold $8.5 billion today, Jamie Dimon sold $150m of JP Morgan, Zuck sold $400m, Buffett is selling ALOT! Something's up mate!" Market analysts consider the fact that so many high-profile business leaders sold within such a short time frame to be significant. The implication was that the finance magnates were preparing themselves for stock prices to plunge.