Amazon founder Jeff Bezos sold around $2 billion worth of shares in the online retail giant (AFP/Archives/Kazuhiro NOGI)
Amazon founder Jeff Bezos sold approximately $2 billion worth of shares of the online distribution giant, according to a stock market filing on Friday.
Jeff Bezos sold, on Wednesday and Thursday, some 12 million Amazon shares, at a price oscillating between 168 and 171 dollars per share, according to this document sent to the stock market regulatory authorities, and consulted on Saturday by AFP.
A previous stock market document, published on Wednesday, reported Jeff Bezos’ intention to sell, next July, 50 million shares of the group he founded 30 years ago, and of which he is today president.
The fortune of the founder of Amazon is estimated by Forbes at $195.5 billion, making him the 3rd richest man on the planet, behind Frenchman Bernard Arnault, CEO of the LVMH group, and Elon Musk, boss of Tesla , Twitter or even SpaceX.
Amazon released its financial results on February 1, which far exceeded expectations. The group achieved a turnover of 170 billion dollars, an increase of 14% over one year, and a net profit of 10.6 billion, driven by faster deliveries and a particularly successful holiday season.
The stock jumped more than 13% the next day on the New York Stock Exchange.
© 2024 AFP
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