Jeff Bezos sells $2 billion worth of Amazon shares

(Washington) Amazon founder Jeff Bezos sold approximately $2 billion worth of shares of the online distribution giant, according to a stock market document sent Friday.


Jeff Bezos sold, on Wednesday and Thursday, some 12 million Amazon shares, at a price oscillating between 168 and 171 dollars per share, according to this document sent to the stock market regulatory authorities, and consulted on Saturday by AFP.

A previous stock market document, published on Wednesday, reported Jeff Bezos’ intention to sell, next July, 50 million shares of the group he founded 30 years ago, and of which he is today president.

The fortune of the founder of Amazon is estimated by Forbes at $195.5 billion, making him the 3e richest man on the planet, behind Frenchman Bernard Arnault, CEO of the LVMH group, and Elon Musk, boss of Tesla, Twitter and SpaceX.

Amazon published on 1er February its financial results, which far exceeded expectations. The group achieved a turnover of 170 billion dollars, an increase of 14% over one year, and a net profit of 10.6 billion, driven by faster deliveries and a particularly successful holiday season.

The stock jumped more than 13% the next day on the New York Stock Exchange.


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