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Bill Ackman Gives Away $1.3 Billion in Coupang Stock After IPO


Bill Ackman Gives Away $1.3 Billion in Coupang Stock After IPO
Bloomberg
3/15/2021
Luke McGrath and Ben Stupples
(Bloomberg) Bill Ackman gave away shares worth more than $1 billion of Coupang Inc., the e-commerce giant behind the biggest U.S. initial public offering since Uber Technologies Inc.
© Bloomberg
Pershing Square Capital Management LP Chief Executive Officer Bill Ackman Interview
Bill Ackman
The billionaire founder of Pershing Square Capital Management donated 26.5 million shares to the Pershing Square Foundation, a donor-advised fund and another non-profit, he said in a tweet. The stake is worth about $1.3 billion, based on Coupang’s closing price on Friday. ....

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