Amazon Founder Jeff Bezos Completes Major Sale of Amazon Shares, Ranking Nearly USD 5.7 Billion Since His Wedding in Late June
Jeff Bezos has reportedly sold 25 million Amazon shares since his June wedding, resulting around USD 5.7 billion. The sales began with USD 737 million in Venice and followed a pre-planned trading strategy. A recent SEC filing reports the final sale of 4.2 million shares for USD 954 million.
Jeff Bezos, the founder of Amazon, has reportedly completed a major sale of Amazon shares, resulting in a gain of approximately USD 5.7 billion since his wedding in late June with Lauren Sanchez. As per a report of Bloomberg, Bezos began selling shares, starting with a USD 737 million around the time of his wedding in Venice. It is said to be a part of a trading plan of up to 25 million Amazon shares, which was reportedly set earlier this year. As per a filing with the Securities and Exchange Commission on Friday, Bezos completed the sale of 25 million Amazon shares and divested about 4.2 million shares for USD 954 million on Wednesday and Thursday. Tesla Valuation Can Reach USD 20 Trillion in Future With 'Extreme Execution': CEO Elon Musk.
Jeff Bezos Completes Major Sale of Amazon Shares
(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)