Bezos will sell up to 50 million of Amazon shares
- February 4, 2024
- 0
Amazon founder Jeff Bezos will sell up to 50 million of his shares in the online retailer and cloud services company by the end of next year. This
Amazon founder Jeff Bezos will sell up to 50 million of his shares in the online retailer and cloud services company by the end of next year.
This was reported by Reuters, as reported by Ukrinform.
Total proceeds from the share sale will be $8.6 billion at the current price of $171.8 per share. UNITED STATES OF AMERICA.
According to the company, this share sale plan of Bezos, which is subject to certain conditions, was accepted as early as November 8 of last year and will be completed by January 31, 2025.
It is stated that Bezos founded Amazon in 1994 as a book selling company.
In 2021, he stepped down as the company’s CEO and took over as chairman of Amazon’s board of directors.
He is currently the third richest person in the world, with a fortune of $185 billion, according to the Bloomberg Billionaires Index.
According to Ukrinform, Bezos announced at the COP-26 climate summit in Glasgow in 2021 that his foundation will donate 2 billion US dollars to revitalize nature and transform the food system.
Source: Ukrinform
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