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HomeBusinessAmazon: Jeff Bezos sells ... and garnished US $ 5.7 billion

Amazon: Jeff Bezos sells … and garnished US $ 5.7 billion

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Amazon: jeff bezos sells …:

Since his marriage in Venice at the end of June, Jeff Bezos has concluded a massive sale of Amazon.com Inc shares, which will have pocketed US $ 5.7 billion, the equivalent of $ 7.8 billion.

These sales. Similarly, started when Bezos sold US $ 737 million during his wedding weekend, were part, according to Bloomberg, of a large exchange plan relating to a maximum of 25 million shares, adopted earlier this year.

He sold the last slice of these 25 million last Wednesday and last Thursday, yielding around 4.2 million shares for US $ 954 million, according to documents filed on Friday with the Securities and Exchange Commission.

These transfers are involved while Amazon action jumped 38% compared to its recent hollow at the end of April. In addition, The company will publish its results next week. Similarly, investors waiting to amazon: jeff bezos sells … see if its important investments in artificial intelligence will bear fruit.

The boat carrying Jeff Bezos in Venice on June 28. amazon: jeff bezos sells ...

The boat carrying Jeff Bezos in Venice on June 28. AFP

According to data compiled by Bloomberg. Bezos has now sold US $ 50 billion for Amazon share since 2002. Amazon and Bezos representatives did not immediately respond to a comment by Bloomberg.

The president of Amazon still has around 884 million shares, or more than 8% of the company. He is the richest third person in the world. his participation in Amazon constituting the majority of amazon: jeff bezos sells … his fortune of US $ 252.3 billion, according to the Bloomberg index of billionaires.

All sales were made according to a 10B5-1 negotiation plan. often used by business leaders to avoid breaking the legislation on initiate crimes.

Bezos is historically a regular seller and has relieved 75 million Amazon shares last year, for a net of US $ 13.6 billion. He generally uses this product to finance his other projects, such as the Blue Origin space company.

He also distributed actions for a value of around 190 million to non -profit organizations in 2025. His only purchase of Amazon shares, recorded for 2002, dates back two years, when he bought a single action for US $ 114.77.

Amazon: jeff bezos sells …

Further reading: There is something rotten in the kingdom of Quebec bureaucracyOpinion of analysts of the day: EXAIL SUPERSTAR, Acceleration at Michelin, TFF disappoints[EN IMAGES] Not easy to pilot an airplane: the newspaper was able to test a CAE simulatorCalida impacted by American trade policy over six monthsEmployees who resign, 40% wasted leather … why the bet “made in USA” by Bernard Arnault is far from being won.

lennon.ross
lennon.ross
Lennon documents adaptive-sports triumphs, photographing wheelchair-rugby scrums like superhero battles.
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