Jeff Bezos sells Amazon shares worth at least $2 billion

A statement filed by Jeff Bezos with federal regulators indicating that Jeff Bezos sells Amazon shares worth at least $2 billion. More to Come in near future.

The Amazon executive chairman notified the U.S Securities and Exchange Commission of the sale of nearly 12 million (11,997,698) shares of common stock on Feb. 7 and Feb. 8.

The collective value of the shares of Amazon, which is based in Seattle where he founded the company in a garage about three decades ago, was more than $2.04 billion, according to the listed price totals.

https://usalivenews.net/jeff-bezos-sells-2-billion-amazon-share/

The stocks were grouped in five blocks between 1 million and more than 3.2 million.

In a separate SEC filling, Bezos listed the proposed sale of 50 million Amazon shares around Feb. 7 with an estimated market value of $8.4 billion.

Bezos stepped down as Amazon’s CEO in 2021 to spend more time on his other projects, including the rocket company, Blue Origin, and his philanthropy. His address on the stock filings is listed as Seattle, although he reportedly has relocated to Miami.