Posted 2/11/2024, 6:59:00 AM
Jeff Bezos Cashes Out Billions in Amazon Stock
- Jeff Bezos filed with the SEC indicating his sale of nearly 12 million Amazon shares worth over $2 billion
- The shares were sold on Feb 7 and 8 in blocks between 1 million and over 3.2 million shares
- Bezos also filed with the SEC about a proposed sale of 50 million Amazon shares around Feb 7 valued at $8.4 billion
- Bezos stepped down as Amazon CEO in 2021 to spend more time on Blue Origin, philanthropy, and other projects
- Though his address is listed as Seattle on the filings, Bezos has reportedly relocated to Miami