Anonymous ID: b81ba7 Feb. 10, 2024, 11:42 p.m. No.20394513   🗄️.is đź”—kun

This was funny.

 

Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion, with more to come

 

 

by: AP

Posted: Feb 11, 2024 / 12:59 AM CST

Updated: Feb 11, 2024 / 01:01 AM CST

 

SEATTLE (AP) — Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion.

 

The Amazon executive chairman notified the U.S. Securities and Exchange Commission of the sale of 11,997,698 shares of common stock on Feb. 7 and Feb. 8.

 

The collective value of the shares of Amazon, which is based in Seattle where he founded the company in a garage about three decades ago, was more than $2.04 billion, according to the listed price totals.

 

The stocks were grouped in five blocks between 1 million and more than 3.2 million.

 

In a separate SEC filing, Bezos listed the proposed sale of 50 million Amazon shares around Feb. 7 with an estimated market value of $8.4 billion.

 

Bezos stepped down as Amazon’s CEO in 2021 to spend more time on his other projects, including the rocket company, Blue Origin…

 

>https://wgnradio.com/news/technology-news/ap-jeff-bezos-sells-nearly-12-million-amazon-shares-worth-at-least-2-billion-with-more-to-come/