Jeff Bezos, the founder of Amazon, has filed to sell up to 25 million shares of the company’s stock over the next 13 months, totaling around $4.8 billion at current values. This marks another significant sale following his $13.5 billion stock sale last year, which was his first since 2021. While the reasons for this sale are not explicitly stated, it may relate to market conditions or personal financial decisions, including preparations for his upcoming wedding in Venice, Italy. With a net worth of $212 billion, Bezos remains one of the world’s wealthiest individuals, deeply tied to the success of Amazon.
Amazon founder Jeff Bezos is selling up to 25 million shares of Amazon stock worth approximately $4.8 billion over the next 13 months.
The reasons behind Bezos's stock sale remain unclear, but market conditions and personal financial events could be influencing factors.
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