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Jeff Bezos sells a multi-billion dollar stake in Amazon stocks

Jeff Bezos sells a multi-billion dollar stake in Amazon stocks

He sold "Jeff Bezos" founder and president of the US e-commerce giant "Amazon". Part of his stake in the company, worth approximately $ 6.7 billion, this May.

Jeff Bezos sells a multi-billion dollar stake in Amazon stocks


The US Securities Commission data released on Tuesday showed that “Bezos has sold over the past few days about two million shares of Amazon. The sale was made in 3 batches, and it came very shortly after the company announced good results during the first quarter of this year.


In February and November of last year, he also sold more than $ 7 billion in shares, according to media.


The company's market value recently reached about $ 1.65 trillion, as the company benefited from the boom in e-commerce movement in the world during the Corona virus pandemic. Its share price rose by 76% in the past year, but since the end of last April the share price has decreased by about 7%.


Bezos, 57, is considered the richest person in the world, with an estimated net worth of $ 188 billion. He founded "Amazon" in 1994, and is still the largest individual shareholder in it, with a stake of about 10% of its shares.

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