Amazon founder Jeff Bezos sells shares worth over $4bn - BBC News

The multi-billionaire moved to Florida last year, which has no state tax on share sales above $250,000.

9 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesImage caption, Jeff Bezos (right) and girlfriend Lauren SánchezBy Mariko Oi & Natalie ShermanBBC NewsMulti-billionaire Jeff Bezos has sold more of his shares in Amazon, bringing the total value of sales in recent days to more than $4bn (£3.2bn).

The technology giant, which Mr Bezos founded in 1994, said he has sold 24 million Amazon shares this month.

Mr Bezos, who is the firm's executive chair, last sold Amazon shares in 2021.

Earlier this month, the company said he was planning to sell 50 million shares over the next year, which are worth around $8.4bn at current prices.

The first sale of 12 million shares was announced in a regulatory filing on Friday, followed by an announcement on Tuesday of the sale of another 12 million shares.

https://www.bbc.co.uk/news/business-68277678?at_medium=RSS&at_campaign=KARANGA


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