Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the primary time the billionaire has bought the corporate’s inventory since 2021.
The gross sales came about on Wednesday and Thursday and netted simply over $2 billion, in keeping with a filing.
Amazon disclosed on Feb. 2 that Bezos plans to promote as many as 50 million shares of Amazon over the following 12 months, probably cashing in on a inventory surge that’s put him inside attain of changing into the world’s richest particular person. His fortune has climbed $22.6 billion this yr to $199.5 billion as of Friday, in keeping with the Bloomberg Billionaires Index.
The Amazon founder has bought over $30 billion in shares since data going again to 2002, together with about $20 billion mixed in 2020 and 2021. He has primarily been gifting inventory, together with shares price roughly $230 million that got to nonprofit organizations in November.
Amazon, by means of a spokesperson, declined to remark.
