03.05.2025 01:10
The founder of Amazon, billionaire Jeff Bezos, is preparing to sell shares. Bezos plans to sell 25 million shares, estimating the total amount of the planned sale to be $4.8 billion.
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Billionaire Jeff Bezos, the founder of Amazon, announced a plan to sell 25 million shares of the company.
PLANS TO SELL 25 MILLION SHARES
The company has notified the U.S. Securities and Exchange Commission about this plan.
According to this, Bezos plans to sell 25 million shares of Amazon over a period that will end on May 29, 2026.
The total amount of the planned sale is estimated to be around $4.8 billion, considering Amazon's current share price.
Bezos, who stepped down as CEO in 2021, has continued to be Amazon's largest shareholder.
Last year, Bezos also sold approximately $13.5 billion worth of Amazon shares, marking the first sale of company shares since 2021.
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