By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
24x7Report24x7Report
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
Search
© 2023 News.24x7report.com - All Rights Reserved.
Reading: Bezos Sells $2 Billion of Amazon Shares in First Major Stock Sale Since 2021
Share
Notification Show More
Aa
24x7Report24x7Report
Aa
Search
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
  • en English
    • en English
    • id Indonesian
    • ms Malay
    • es Spanish
Follow US
© 2023 News.24x7report.com - All Rights Reserved.
24x7Report > Blog > Finance > Bezos Sells $2 Billion of Amazon Shares in First Major Stock Sale Since 2021
Finance

Bezos Sells $2 Billion of Amazon Shares in First Major Stock Sale Since 2021

Last updated: 2024/02/10 at 8:11 AM
Share
1 Min Read
Bezos Sells $2 Billion of Amazon Shares in First Major Stock Sale Since 2021
SHARE

(Bloomberg) — Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the primary time the billionaire has bought the corporate’s inventory since 2021.

Most Learn from Bloomberg

The gross sales passed off on Wednesday and Thursday and netted simply over $2 billion, in keeping with a submitting.

Amazon disclosed on Feb. 2 that Bezos plans to promote as many as 50 million shares of Amazon over the subsequent 12 months, doubtlessly cashing in on a inventory surge that’s put him inside attain of changing into the world’s richest particular person. His fortune has climbed $22.6 billion this yr to $199.5 billion as of Friday, in keeping with the Bloomberg Billionaires Index.

The Amazon founder has bought over $30 billion in shares since data going again to 2002, together with about $20 billion mixed in 2020 and 2021. He has primarily been gifting inventory, together with shares value roughly $230 million that got to nonprofit organizations in November.

Amazon, via a spokesperson, declined to remark.

–With help from Spencer Soper.

Most Learn from Bloomberg Businessweek

©2024 Bloomberg L.P.

See also  The stock market's volatility indicator is signaling a trough in the S&P 500

You Might Also Like

Ending China’s De Minimis Exception Brings 3 Benefits for Americans

The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

How China’s Companies Are Responding to the US Trade War

The US Flip-flop Over H20 Chip Restrictions 

TAGGED: Amazon, Bezos, Billion, major, Sale, sells, Shares, stock

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article NFL to play first-ever game in Spain: League to hold 2025 regular-season game in Real Madrid’s stadium
Next Article Pakistan Election 2024: Imran Khan, Nawaz Sharif, Bilawal Bhutto Fight In Pak's Game Of Thrones: 10 Points Pakistan Election 2024: Imran Khan, Nawaz Sharif, Bilawal Bhutto Fight In Pak’s Game Of Thrones: 10 Points

Stay Connected

1.30M Followers Like
311 Followers Pin
766 Followers Follow

Latest News

4 Tips for Preventing Hair Loss
Beauty May 29, 2025
From Acne Scars to Self-Love: How Microneedling Rewrote My Skin Journey
Beauty May 28, 2025
Everything You Need to Know About Root Canal Treatment
Beauty May 27, 2025
RF Microneedling Austin: Top Choice for Skin Tightening
Beauty May 24, 2025
How Can IPL Photofacial Treatments Address Sun Damage: A Comprehensive Guide
Beauty May 23, 2025
//

This is your World, Finance, Fitness, Fashion  Sports  website. We provide the latest breaking news straight from the News industry.

Quick Link

  • Contact
  • Privacy Policy
  • Terms & Conditions

Top Categories

  • Fashion
  • Finance
  • Fitness
  • Gadgets
  • Travel

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
24x7Report24x7Report
Follow US

© 2023 24x7Report.com - All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?