Amazon founder and executive chairman Jeff Bezos unloaded more than 14 million shares of his company valued at roughly $2.1 billion, bringing the total sold since the start of the month to 50 million.
In total, Bezos sold 14,006,906 shares in the company for about $2.15 billion, the filing states.
The sales were executed under a prearranged trading plan that Bezos adopted in November and disclosed earlier this month, which said he could sell up to 50 million Amazon shares before Jan. 31, 2025.
Bezos sold about 12 million Amazon shares, worth approximately $2.03 billion, last week, in addition to another tranche of 12 million shares just days before.
He unloaded another 12 million shares the week before that.
Persons:
Jeff Bezos, Bezos, Bezos hadn't, fiancée Lauren Sanchez
Organizations:
Amazon, Jan
Locations:
Seattle, Miami