Amazon founder Jeff Bezos. Andrew Harrer/Bloomberg by way of Getty Photographs
Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the primary time the billionaire has offered the corporate’s inventory since 2021.
The gross sales befell on Wednesday and Thursday and netted simply over $2 billion, in line with a submitting.
Amazon disclosed on Feb. 2 that Bezos plans to promote as many as 50 million shares of Amazon over the subsequent 12 months, doubtlessly cashing in on a inventory surge that’s put him inside attain of changing into the world’s richest individual. His fortune has climbed $22.6 billion this yr to $199.5 billion as of Friday, in line with the Bloomberg Billionaires Index.
The Amazon founder has offered over $30 billion in shares since data going again to 2002, together with about $20 billion mixed in 2020 and 2021. He has primarily been gifting inventory, together with shares price roughly $230 million that got to nonprofit organizations in November.
Amazon, by a spokesperson, declined to remark.
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