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John Locher/AP
SEATTLE — Jeff Bezos filed a press release with federal regulators indicating his sale of practically 12 million shares of Amazon inventory price greater than $2 billion.
The Amazon govt chairman notified the U.S. Securities and Exchange Commission of the sale of 11,997,698 shares of widespread inventory on Feb. 7 and Feb. 8.
The collective worth of the shares of Amazon, which is predicated in Seattle the place he based the corporate in a storage about three many years in the past, was greater than $2.04 billion, in keeping with the listed value totals.
The shares had been grouped in 5 blocks between 1 million and greater than 3.2 million.
In a separate SEC submitting, Bezos listed the proposed sale of fifty million Amazon shares round Feb. 7 with an estimated market worth of $8.4 billion.
Bezos stepped down as Amazon’s CEO in 2021 to spend extra time on his different initiatives, together with the rocket firm, Blue Origin, and his philanthropy. His handle on the inventory filings is listed as Seattle, though he reportedly has relocated to Miami.
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