Jeff Bezos, founder and executive chairman of Amazon, will be on stage during the annual Dealbook Summit of the New York Times in Jazz in Lincoln Center in New York City on December 4, 2024.
Michael M. Santiago | Getty images
The founder of Amazon Jeff Bezos is planning to sell up to 25 million shares in the company the following year, according to a financial Philing on Friday.
Bezos, who will be resigned as CEO in 2021, but the most important shareholder of Amazon, sells the shares as part of a trading plan adopted on 4 March, says the Filing. The importance would be worth around $ 4.8 billion at the current price.
The disclosure will follow on Thursday the Winst report of Amazon in the first quarter. While the estimates of profit and turnover are at the top of estimates, the company’s forecast was for the expectations of Wall Street in the current quarter in the current quarter.
The results show that Amazon is scrapping for uncertainty with regard to the radical new rates of President Donald Trump. This week, the company landed in sight of the White House about a report that Amazon intended to show Shoppers the costs of the rates. Trump has personally breathed Bezos to Comlain, and Amazon clarified that such a change would not come.
Bezos previously released around $ 13.5 billion in Amazon shares last year, so that his first sale of company shares since 2021 was marked.
Since handing over the role of Amazon CEO to Andy Jassy, Bezos has spent more of his time on his space exploration company, Blue Origin, and his $ 10 billion climate and biodiversity fund. He used Amazon Share Sales to help finance Blue Origin, as well as the Day One Fund, which has been launched in Sep Afortber 2018 to offer education in communities with low Incoma and homelessness.
