share_log

Jeff Bezos To Sell $5 Billion In Amazon Shares: Could He Be Raising Cash For Seattle Seahawks Purchase?

Benzinga ·  00:44

Amazon.com Inc(NASDAQ:AMZN) founderJeff Bezosis selling another portion of his stake in the company, which comes years after stepping down from the CEO role.

What Happened:Bezos departed from Amazon's c-suite in 2021, a role he held for the 27 years since the company was founded.

The Amazon founder now serves as the e-commerce giant's executive chair. He's been selling a portion of his Amazon stake this year.

Bezos sold $8.5 billion in shares in February. A Tuesday SEC filing by Amazon shows Bezos plans on selling 25 million Amazon shares valued at $4.93 billion.

The...

Login or create a forever free account to read this news
Sign up/Log in
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment