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Amazon stock performance post-Bezos sale by end of 2024
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Jeff Bezos to Sell 25 Million Amazon Shares Worth $5 Billion as Stock Hits Record High
Jul 3, 2024, 02:17 PM
Jeff Bezos has disclosed a plan to sell 25 million shares of Amazon, valued at approximately $5 billion, although one report suggests the value could be $4 billion. This announcement coincides with Amazon's stock reaching a record high. Bezos filed Form 144 with the US SEC on July 2, indicating his intention to proceed with the sale. Earlier this year, in February, Bezos sold about $8.5 billion worth of Amazon stock. Bezos and his ex-wife, McKenzie, currently own 18% of Amazon's float.
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