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Jeff Bezos Files to Sell $4.8 Billion Worth of Amazon Stock — but He Would Still Own Nearly 900 Million Shares
Jeff Bezos filed with the SEC to sell up to 25 million shares of Amazon stock, worth $4.8 billion. He would still own 885 million shares.
Jeff Bezos, one of the world’s richest individuals, filed paperwork with the SEC to sell up to 25 million shares of Amazon stock over the course of the next 12 months. Amazon said “the amount of the reported security expenses for Mr. Bezos is especially reasonable in light of his low salary and the fact that he has never received any stock-based compensation.” In November 2023, Bezos announced that he was moving to Miami, relocating from Seattle, which had been his home since he founded Amazon in 1994 out of his garage, calling it “an emotional decision for me.”
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