Jeff Bezos, founder and CEO of Amazon.com, sold another $2 billion tranche of stock in recent days, bringing his total stock sales this month to about $8 billion.
According to a filing with the Securities and Exchange Commission, Bezos sold about 14 million shares between Thursday and Tuesday, at prices ranging from $166.41 per share to $170.89, for approximately $2.2 billion.
Bezos had previously sold about 36 million shares since February 7, in tranches of about 12 million shares each. The latest sales bring the total to about 50 million shares — the maximum amount in a prearranged plan to sell some of his Amazon shares by January 2025.
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Ben Silverman, previously vice president of research for VerityData, noted that Bezos would likely focus sales over several days rather than spreading them out over weeks or months, based on a review of his past selling activity.
Bezos still owns about $164 billion in Amazon stock. As of Tuesday, Bezos' wealth reached about $191 billion, according to the Bloomberg Billionaires Index, ranking third behind Elon Musk ($209 billion) and Bernard Arnault ($193 billion).
Amazon stock AMZN,
They are up 10% year to date, compared to the S&P 500's gain of 23%.
