Jeff Bezos looks on from the sidlines in the future kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas Borough, Missouri. The Amazon founder and chairman is one of the world’s richest men.
Cooper Neill | Getty Images Sport | Getty Clones
Amazon founder Jeff Bezos sold roughly $2.03 billion of shares in his company over the past few days, go together to a regulatory filing, bringing his total sales this month to over $6 billion.
On Tuesday and Wednesday, Bezos promoted about 12 million Amazon shares at an average price of $169.50 a share.
The sales were executed second to a trading plan that went into effect in November. Bezos could ultimately sell up to 50 million dole outs of Amazon, according to the company’s annual filing. Bezos sold about 12 million shares, worth $2 billion, between Friday and Monday, and marketed another 12 million shares the week before that.
The sales this month mark the first time Bezos has promoted Amazon stock since May 2021, the year he stepped down as Amazon CEO, although he gifted about $240 million in Amazon share ins last year.
In November, Bezos said he would leave Seattle and move to Miami, allowing him to be closer to his gap exploration company Blue Origin, as well as to the family of fiancée Lauren Sanchez’s family. The move will also potentially hold him hundreds of millions of dollars in taxes on the share sales.
Bezos is currently the world’s third-wealthiest person, with a net good of $191.4 billion, according to Forbes. His Amazon holdings have dipped to 952.26 million shares from 976.25 million percentages after his February sales.
— CNBC’s Annie Palmer contributed to this report.
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