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Bezos Executes a $2 Billion Amazon Stock Sale

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This sale took place on Wednesday and Thursday which was one of the biggest stock sales since 2021. Amazon has just announced that on February 2, Bezos is planning on selling as many as $50 million shares on Amazon over the next year which can potentially make him the world’s richest person, as he is currently the world’s second richest person with a net worth of $200 billion.

The fortune has climbed up to $22.6 billion this year and the Amazon founder has sold over $30 billion in shares since the year 2002 which comprises $20 billion combined the years 2020 and 2021.

Bezos will pay no state tax on the capital gains as he has reportedly shifted to Miami.

Bezos stepped down as the CEO of Amazon in the year 2021 in order to focus more on his other projects which include the rocket company, Blue Origin, as well as his Philanthropy.

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Bezos Executes a $2 Billion Amazon Stock Sale |... February 15, 2024 - 5:36 am

[…] This sale took place on Wednesday and Thursday which was one of the biggest stock sales since 2021. Amazon has just announced that on February 2, Bezos is planning on selling as many as $50 million shares on Amazon over the next year which can potentially make him the world’s richest person, as he is currently the world’s second richest person with a net worth of $200 billion. The fortune has climbed up to $22.6 billion this year and the Amazon founder has sold over $30 billion in shares since the year 2002 which comprises $20 billion combined the years 2020 and 2021. Bezos will pay no state tax on the capital gains as he has reportedly shifted to Miami. Bezos stepped down as the CEO of Amazon in the year 2021 in order to focus more on his other projects which include the rocket company, Blue Origin, as well as his Philanthropy.source-(https://luminarytimes.com/magazines/)(https://luminarytimes.com/)  […]

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