Jeff Bezos sells more Amazon shares and puts $2 billion more on the balance

Jeff Bezos sells more Amazon shares and puts  billion more on the balance

February 16, 2024 – 10:23

Despite these sales operations, Bezos remains the company’s main shareholder, controlling 9.3% of the capital.

It is closely followed by Vanguard, with 7.46%, and BlackRock, which declared it owns 6.1% of the capital, consolidating the shareholder structure of the influential company.

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The recent share sales operations of the door-to-door trading giantAmazonboosted the tycoon’s fortune Jeff Bezos at an estimate of US$197,000 millionaccording to Bloomberg calculations.

Although this figure places him in second place among the richest people in the world, is slightly below Elon Muskwho has a net worth of US$205,000 million, and above Bernard Arnault, with US$193,000 million.

The sale of shares began in the first days of February, specifically on the 7th, 8th, 9th and 12th. On each of these dates, an identical number of shares were soldtotaling 5,998,849 titles in various operations.

Amazon: Bezos raised millions

The most lucrative transactions for Bezos occurred on February 9 and 12, generating income of US$1,039.7 and US$1,039.4 million, respectively, according to the analysis carried out by the newspaper The country.

In the aforementioned period, the businessman obtained US$1,020.7 million on Wednesday the 7th and US$1,021.4 million on Thursday the 8th. Sales prices ranged between a low of US$168.89 per share last Thursday and a high of US$175.34 this Monday.

Since 2002, Jeff Bezos has sold more than US$30,000 million in shares of the company he founded. Only between 2020 and 2021, its sales reached the considerable sum of US$20,000 million.

Despite these divestitures, Bezos remains the company’s main shareholdercontrolling 9.3% of the capital. It is closely followed by Vanguard, with 7.46%, and BlackRock, which declared it owns 6.1% of the capital, consolidating the shareholder structure of the influential company.

Source: Ambito

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