Bezos plans to sell up to 50 million Amazon shares – Kommersant

Bezos plans to sell up to 50 million Amazon shares – Kommersant

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Amazon founder Jeff Bezos plans to sell up to 50 million shares of the company by the end of January 2025, reports Reuters company data. Their market value is $8.6 billion at the current price of $171.8. The sale plan was accepted in November 2023, Amazon said in a report.

On Friday, February 2, the company’s shares rose 8%. In 2023, their value increased by more than 80%.

Mr Bezos founded Amazon as a bookseller in 1994. In 2021, he left the post of CEO and took the position of executive chairman of the board of directors. According to Bloomberg, Mr. Bezos is the second richest person on the planet ($197 billion). According to Forbes, it ranks third ($193.8 billion).

About the success story of Jeff Bezos – in the material “Kommersant” “Lord of the Digital River”.

Leonid Uvarchev

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