Business
Bezos sells $3.2 billion of Amazon shares and signals more coming – Sydney Morning Herald
In the 15 years after Amazon.com went public, Bezos sold about a fifth of the online retailer for roughly $2.6 billion. The value of his stake has ballooned in…
The worlds richest man Jeff Bezos sold about $US2.5 billion ($3.2 billion) of Amazon.com stock, his first big disposal this year after offloading more than $US10 billion worth of shares in 2020.
Bezos sold around 739,000 shares this week under a pre-arranged trading plan, according to US Securities and Exchange Commission filings. He plans to sell as many as 2 million shares, according to a separate filing.
Jeff Bezos has cashed in some of his Amazon stock.Credit:AP
The retail tycoon continues to…
-
General24 hours agoFrom jackaroo to ‘Golden Tonsils’ radio titan: the life and career of John Laws
-
General15 hours agoAFL gives teams finishing 10th chance to win premiership through wildcard round in finals
-
General11 hours agoPrincess Anne remembers Porepunkah police officers in wreath-laying ceremony in Melbourne
-
Noosa News11 hours agoDingo hunts shark in shallow waters off K’gari, Queensland