Amazon founder Jeff Bezos sold the company’s shares for $2 billion on Wednesday and Thursday, February 7-8 Forbes.
The publication notes that Bezos owns about 10% of Amazon shares (976 million) and has sold about 1% of them (12 million).
According to the publication, the entrepreneur is selling the company’s securities for the first time in more than two years after Bezos moved to Miami, where there are favorable tax conditions.
Before that, Bezos had a deadline of January 31, 2025. will sell Up to 50 million shares of Amazon. The plan was agreed to in November 2023, Amazon said in a press release. At the current price of $171.8 per security, the total sales price is estimated at $8.6 billion.
Amazon shares rose 7.87% to $171.81 on Feb. 2 after announcing positive financial results for the holiday quarter. The company’s net profit in the October-December period reached 10.6 billion dollars, compared to 278 million dollars in the same period of 2022. Operating profit for the year increased 5 times to $13.2 billion, while analysts were predicting $10.4 billion.
It was previously known how much Mark Zuckerberg is will win About commodity dividends (recognized as extremist and banned in Russia).