Jeff Bezos recently sold a roughly $2 billion stake in Amazon, equivalent to around 1.8 billion euros. A stock filing filed Friday said Bezos sold 12 million Amazon shares on Wednesday and Thursday at prices ranging from $168 to $171 each. This is his first share sale since 2021, and he still owns more than 9% of the company.

Despite the recent stock sale, Bezos’ fortune is estimated at $195.5 billion, making him the third-richest person in the world. However, this does not mean that he is selling off his shares for personal gain or that he has lost confidence in Amazon’s future prospects. In fact, the recent financial results released on February 1 exceeded expectations and led to a more than 13% increase in the company’s shares on the New York Stock Exchange.

Amazon achieved a turnover of 170 billion dollars and a net profit of 10.6 billion dollars in one year, which represents a growth of 14%. These results are a testament to Amazon’s continued success and growth as one of the world’s largest online retailers. It is important to note that while Jeff Bezos may have sold some of his shares in Amazon, this does not necessarily mean that he is leaving the company anytime soon or that he no longer believes in its potential for continued success.

By Editor

Leave a Reply