Jeff Bezos has announced plans to sell 25 million of his Amazon shares. This sale was reported to the U.S. Securities and Exchange Commission. It was stated that Bezos aims to complete this share sale by May 29, 2026.
Considering Amazon's current share prices, the total value of this sale could reach approximately 4.8 billion dollars. Although Bezos stepped down as CEO of Amazon in 2021, he continues to maintain his position as the company's largest shareholder.
Last year, Bezos also sold Amazon shares worth approximately 13.5 billion dollars, marking his first such sale since 2021.
News Source: 12punto
