Bezos Sells $8.5 Billion in Amazon Stock This Month as Retail Giant Joins Dow Jones
• Jeff Bezos has sold about $8.5 billion worth of Amazon stock so far in January
• Bezos recently sold around 50 million Amazon shares as part of a pre-arranged 10b5-1 trading plan
• Bezos stepped down as Amazon CEO in 2021 but remains executive chair and largest shareholder
• Amazon stock will be added to the Dow Jones Industrial Average, replacing Walgreens
• Amazon shares gained 81% in 2022 and are up 11% so far in 2023