Larry and Sergey to sell $5,500,000,000 in stock over next five years

Yep, that’s 5.5 BILLION smackers.

I wondered why Google stock went down on Friday.

Brian Womack at Business Week reports:

Google Inc. founders Larry Page and Sergey Brin have adopted five-year trading plans to sell about 5 million shares each, reducing their combined ownership of stock outstanding to 15 percent from 18 percent… Based on today’s closing stock price, each would get about $2.75 billion from selling the shares.

Cool, eh? You could buy a whole lotta Egg McMuffins with that stack.

To look at it another way, they’re cashing out stock worth about 50% more than the Gross National Product of Haiti.