Amazon founder Jeff Bezos sold about $2 billion worth of shares in the online distribution giant, according to a stock market filing on Friday.
Jeff Bezos sold about 12 million Amazon shares on Wednesday and Thursday at prices between $168 and $171 per share, according to a document sent to the Stock Market Regulatory Authority and consulted by AFP on Saturday.
An earlier stock market filing published on Wednesday reported Jeff Bezos’ intention next July to sell 50 million shares of the group he founded 30 years ago and of which he is today chairman.
The Amazon founder’s fortune is estimated by Forbes at $195.5 billion, making him the third richest person on the planet behind LVMH group CEO Frenchman Bernard Arnault and Tesla, Twitter or even SpaceX boss Elon Musk.
Amazon announced its financial results on February 1, which far exceeded expectations. The group achieved a turnover of 170 billion dollars, an increase of 14% in a year, and a net profit of 10.6 billion, thanks to fast deliveries and a particularly successful holiday season.
Shares jumped more than 13% the next day on the New York Stock Exchange.
Published on February 10 at 10:53 pm, AFP
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