Meanwhile, the total volume of sales for February has already reached $6 billion.
According to documents reviewed by CNBC, Amazon founder Jeff Bezos has sold about $2.03 billion worth of his company’s stock over the past few days — for a total of $6 billion in February.
On Tuesday and Wednesday, Bezos sold about $12 million worth of stock — at an average price of $169.50 a share.
The sales are in line with the company’s sales plan, which took effect in November. In total, the billionaire may eventually sell up to 50 million Amazon shares ($2 billion included about 12 million shares — the same amount he sold the week before).
The February sale marks Bezos’ first stock sale since May 2021, when he stepped down as Amazon CEO.
Jeff announced in November that he would be leaving Seattle and moving to Miami to be closer to his space company, Blue Origin, as well as the family of fiancee Lauren Sanchez. The move would also potentially save hundreds of millions of dollars in taxes on the sale of the stock.
Bezos now ranks third in the ranking of the world’s richest people according to Forbes — with a fortune of $191.4 billion. The first and second are Bernard Arnault ($223.1 billion) and Elon Musk ($205.5 billion).
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