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© Reuters. FILE PHOTO: The emblem of Amazon is seen on the firm logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photograph
(Reuters) – Amazon.com (NASDAQ:) founder Jeff Bezos offered round 12 million shares of the net retail and cloud companies agency for roughly $2 billion, in response to an organization submitting on Friday, quickly after laying out a plan to promote his shares over the subsequent yr.
The sale befell on Wednesday and Thursday, the filings confirmed.
Final week, Amazon mentioned that Bezos would promote as much as 50 million shares within the agency.
The sale plan, which is topic to sure circumstances, was adopted on Nov. 8, 2023, and can be accomplished by Jan. 31, 2025, in response to the corporate’s newest annual report.
Bezos, who stepped down as the corporate’s chief government and took over as government chairman in 2021, based Amazon as a bookseller in 1994.
He’s at the moment the world’s second richest individual with a web price of $200 billion, in response to Bloomberg Billionaires Index.
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