• Sun. Mar 3rd, 2024

Jeff Bezos Sells 12 Million Amazon Shares: Insights into the CEO’s Financial Decisions

ByEditor

Feb 11, 2024
Jeff Bezos offloads $2 billion worth of shares from his company

As the founder of Amazon, Jeff Bezos has been ranked among the world’s richest individuals for many years. On Wednesday and Thursday, Bezos sold 12 million Amazon shares at a price of 168-171 dollars each. This information was revealed in documents filed with the Securities Market Regulatory Authority on Friday.

In addition to selling these shares, Bezos also made it known earlier in the week that he plans to sell 50 million Amazon shares next July. Despite stepping down as CEO of the company in 2021, Bezos remains as chairman of its board and is still listed among the three richest people in the world according to both Forbes financial magazine and Bloomberg financial news agency’s billionaire listings.

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