Amazon founder Jeff Bezos plans to sell up to 50 million shares of Amazon stock, worth about $8.6 billion.

Amazon founder Jeff Bezos plans to sell up to 50 million shares of Amazon stock over the next year, worth approximately $8.6 billion at the current share price. The share sale plan, subject to certain conditions, was adopted on November 8, 2021, and will be completed by January 31, 2025. Bezos, who stepped down as CEO in 2021, still serves as the company's chair.

February 02, 2024
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