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  • This week marked a significant move for Jeff Bezos as he divested 12 million shares of Inc., the first such sale since 2021. According to a filing, the transactions occurred on Wednesday and Thursday, totaling just over $2 billion in proceeds. Bezos' decision follows Amazon's announcement on Feb. 2 that he intends to sell up to 50 million shares of the company over the next year, potentially leveraging the current stock surge to capitalize on his position.

  • With his fortune soaring to $199.5 billion as of Friday, Bezos is inching closer to claiming the title of the world’s wealthiest individual, as per the Bloomberg Billionaires Index. Having previously sold over $30 billion in Amazon shares since records dating back to 2002, Bezos has predominantly engaged in stock gifting, including a donation of shares valued at approximately $230 million to nonprofit organizations in November.

Why it matters

His recent sales underscore a strategic move to diversify his holdings and potentially unlock value from his substantial Amazon stake.


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