Amazon creator Jeff Bezos offered around 12 million shares of the online retail and cloud services company for approximately $2 billion, according to a business filing on Friday.
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Amazon creator Jeff Bezos offered around 12 million shares of the online retail and cloud services company for approximately $2 billion, according to a business filing on Friday, right after setting out a strategy to offer his shares over the next year.
The sale happened on Wednesday and Thursday, the filings revealed.
Recently, Amazon stated that Bezos would offer up to 50 million shares in the company.
The sale strategy, which undergoes specific conditions, was embraced on November 8, 2023, and would be finished by January 31, 2025, according to the business’s most current yearly report.
Bezos, who stepped down as the business’s president and took control of as executive chairman in 2021, established Amazon as a bookseller in 1994.
He is presently the world’s second-richest individual with a net worth of $200 billion, according to the Bloomberg Billionaires Index.
Keven Bayer
Kayleigh Rogahn
Jakob Auer