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. 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 …

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