Get the latest tech news

Jeff Bezos plans to sell $5B in Amazon shares


Jeff Bezos plans to sell nearly $5 billion in Amazon shares, but still remains the largest shareholder in the company.

Amazon’s founder and executive chair, Jeff Bezos, is planning to sell nearly $5 billion in shares of the e-commerce powerhouse, according to a regulatory filing. Bezos, who is ranked as the world’s second-richest person with a net worth of $214.4 billion according to Forbes, stepped down as CEO of Amazon in 2021 and now serves as its executive chair. She has also contributed to the Guardian and received training at the BBC As an audience, trends, and SEO specialist, she has participated in panel events alongside Google.

Get the Android app

Or read this on ReadWrite

Read more on:

Photo of Amazon

Amazon

Photo of jeff bezos

jeff bezos

Photo of amazon shares

amazon shares

Related news:

News photo

The best 4th of July sales from Apple, Amazon, Anker and more

News photo

Jeff Bezos to sell another $5bn of Amazon shares

News photo

Amazon accused of labour law violations, particularly against menstruating employees — “At most, we get a few minutes to place or change a sanitary pad”: Amazon worker