Bezos Completes $3.4 Billion Sale of Amazon Shares

Reported 6 days ago

Jeff Bezos, founder of Amazon.com Inc., has finalized his sale of Amazon shares totaling $3.4 billion in November, bringing his total sales since July to $5.1 billion. This was conducted under a prearranged trading plan designed to sell 25 million shares by the end of 2025. Despite these massive sales, Bezos continues to hold over a billion Amazon shares worth approximately $213 billion, raising investor anticipation for a new trading plan announcement in Amazon's next quarterly report.

Source: YAHOO

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