Jeff Bezos concludes 50M Amazon stock sale, nets $8.5B


Content Team
Image Credit: finance.yahoo

Jeff Bezos has sold another 14 million shares of Amazon worth around $2.4 billion. This latest sale wraps up his plan to sell 50 million shares. Through three rounds of stock unloading, Bezos has raised nearly $8.5 billion. The first round commenced on February 7, marking his first stock sale since 2021. It's unclear what Bezos plans to do with the money, but it's been reported that he might fund his relocation from Washington to Florida.