Netflix Chief Reed Hastings Collects $225 Million in Stock Sale.

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    • Abstract:
      (Bloomberg) -- Netflix Inc.'s Reed Hastings just pocketed $225 million from a stock sale, the latest in a series of such transactions the billionaire has made this year totaling $616 million. Hastings, the Los Gatos, California-based firm's co-chief executive officer, has seen his wealth increase about $2.2 billion this year to $6.4 billion, according to the Bloomberg Billionaire's Index. [Extracted from the article]
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