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