Jeff Bezos plans to sell $5 billion in Amazon shares after record high

From Yahoo Finance.: 2024-07-05 04:40:02

Amazon founder Jeff Bezos plans to sell $5 billion in shares as stock hits record high. Proposal for 25 million shares follows stock hitting all-time high of $200.43. Bezos to own 8.8% of shares after sale, ranks as second-richest person with net worth of $214.4 billion. Amazon continues to thrive with AI technology and management changes.



Read more at Yahoo Finance.: Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high