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…
-
Noosa News19 hours agoUnlawful wounding charges, Caloundra – Sunshine Coast
-
General20 hours agoCalifornia worker dead and hundreds arrested after cannabis farm raid
-
Business11 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
General24 hours agoBreaking: Man shot at shopping centre in Sydney's west