Jeff Bezos sells $2 billion of Amazon shares amid stock surge that has him within reach of becoming the world’s richest person

Jeff Bezos sells $2 billion of Amazon shares amid stock surge that has him within reach of becoming the world’s richest person

Jeff Bezos unloaded 12 million shares ofAmazon.com Inc.today, the very first time the billionaire has actually offered the business’s stock given that 2021.

The sales happened on Wednesday and Thursday and netted simply over $2 billion, according to asubmitting

Amazonrevealedon Feb. 2 that Bezos prepares to offer as lots of as 50 million shares of Amazon over the next 12 months, possibly capitalizing a stock rise that’s put him within reach of ending up being the world’s wealthiest individual. His fortune has actually climbed up $22.6 billion this year to $199.5 billion since Friday, according to the Bloomberg Billionaires Index.

The Amazon creator has actually offered over $30 billion in shares given that records returning to 2002, consisting of about $20 billion integrated in 2020 and 2021. He has actually mainly been gifting stock, consisting of shares worth approximately $230 million that were provided to not-for-profit companies in November.

Amazon, through a representative, decreased to comment.

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