Jeff Bezos sells Amazon shares for the first time since 2021 – E24

Jeff Bezos sells Amazon shares for the first time since 2021 – E24

The Amazon founder has sold shares worth more than NOK 21 billion – and announced he will sell more.

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Amazon founder Jeff Bezos this week sold 12 million shares in the internet giant for just over $2 billion, equivalent to more than 21 billion Norwegian kroner. This was stated in the stock exchange announcement.

Sales took place on Wednesday and Thursday. He wrote that this is the first time the billionaire has sold shares in the company since 2021 Bloomberg.

At the beginning of February, Amazon reported that Bezos planned to sell up to 50 million shares over the next 12 months. His wealth has risen to $200 billion, according to Bloomberg Billionaire Index. Therefore, he is much higher than Elon Musk, whose fortune, according to Bloomberg, is $ 209 billion.

Bezos was once the richest person in the world, but among other things, he saw his fortune shrink after his divorce from MacKenzie Scott in 2019. Musk's fortune, on the other hand, rose in conjunction with Tesla's stake and with the rise in the value of SpaceX.

The Amazon founder has sold Amazon stock for more than $30 billion since 2002, Bloomberg writes. In recent years, he has mainly donated shares, including shares worth about NOK 2.3 billion donated to non-profit organizations in November. Amazon did not want to comment on the sale to Bloomberg.

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This article was created using Anthropic's AI tools, and is quality assured by E24's journalists.

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Dalila Awolowo

Dalila Awolowo

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