Jeff Bezos is liquidating Amazon shares for the first time in over a year

Jeff Bezos, the American billionaire and founder of Amazon, recently sold over $2 billion worth of shares in the company. This was his first sale of Amazon shares since 2021, and he sold a total of twelve million shares over two days. The sales were announced to the SEC, and they have brought Bezos closer to becoming the richest person on earth.

In early February, Amazon announced that Bezos plans to sell up to 50 million shares this year, which are estimated to be worth more than $8 billion. It is believed that Bezos may be interested in capitalizing on the recent rise in Amazon’s share price, which has increased his net worth to an estimated $209 billion. In the Bloomberg Billionaires Index, Bezos currently holds the second position after Elon Musk, with an estimated fortune of $200 billion. However, with his current net worth estimate, Bezos is not far behind Musk in terms of wealth.

By Editor

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