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In February 2024, Bezos sold $8.5 billion worth of Amazon stock, and an additional $25 million in March. The sale was completed in November for gross proceeds of an additional $5.1 billion.
At the start of 2024, Jeff Bezos owned 988,251,817 shares of Amazon stock, according to the SEC. In November of the same year, he owned 909,709,895 shares. This means he sold roughly 8% of his ...
Founds Amazon.com. In 1994, Bezos and his wife, Mackenzie, moved to Seattle, where he founded Amazon.com with a $10,000 personal investment along with $84,000 in interest-free loans over the next ...
Bezos in 2010. In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671 million, the largest sum he had ever raised from selling some of his Amazon stock. [67] On August 4, 2016, Bezos sold another million of his shares for $756.7 million. [68]
The Great Cashout—Jeff Bezos, Leon Black, Jamie Dimon, and the Walton family have now sold a combined $11 billion in company stock this month— some for the first time ever Amanda Gerut ...
After the sale plan, Bezos would own about 912 million Amazon shares, or 8.8% of the outstanding stock. He sold shares worth roughly $8.5 billion in February, after the stock rallied 80% in 2023.
In February, Mr Bezos announced that he would sell shares in technology giant worth around $8.5bn.
The latest sell-off brings his total cash-out this year to more than $7.2 billion. Why Jeff Bezos Just Sold Another $3 Billion Worth of Amazon Stock Skip to main content