According to Bloomberg, the sales took place on Wednesday, February 7, and Thursday, February 8. The stock sale resulted in net proceeds of just over $2 billion.
CASHING IN PLAN
Amazon announced on February 2 that Bezos plans to sell up to 50 million Amazon shares over the next 12 months, potentially cashing in on a stock surge that has brought him closer to becoming the world's wealthiest person.
According to the Bloomberg Billionaires Index, Bezos's wealth has increased by $22.6 billion this year, reaching $199.5 billion as of Friday.
SOLD OVER $30 BILLION IN SHARES
Since records began in 2002, the Amazon founder has sold over $30 billion in shares, including a total of $20 billion in 2020 and 2021.
News Source: 12punto
