Jeff Bezos, founder of Amazon, recently sold around $2 billion worth of shares in the online retail giant. This is equivalent to approximately 1.8 billion euros and represents his first stock sale since 2021. Despite the recent sale, Bezos still owns more than 9% of the company.
Amazon had previously announced that Bezos planned to sell 50 million shares of the company before January 31, 2025, with a market value of 8.4 billion dollars. However, this latest sale does not affect his fortune estimate, which is currently at $195.5 billion and makes him the third richest person in the world.
Despite this latest stock sale, Amazon’s financial results for February 1 far exceeded expectations. The group achieved a turnover of $170 billion, representing growth of 14% over one year and a net profit of $10.6 billion. These results led to a more than 13% increase in the company’s stock on the New York Stock Exchange.
While it is not clear what relevance this additional information has to the main topic discussed in this article, it is worth noting that Amazon has been experiencing significant growth and success in recent years. With its focus on innovation and customer satisfaction, it looks like Amazon will continue to thrive for many years to come.