Billionaires: Jeff Bezos offloads second tranche of Amazon stock worth $2.4bn
- Date: 08-May-2021
- Source: The National
- Sector:Financial Markets
- Country:Middle East
Billionaires: Jeff Bezos offloads second tranche of Amazon stock worth $2.4bn
Amazon founder and chief executive Jeff Bezos sold a second tranche of Amazon stock worth $2.4 billion on Friday, bringing the amount he’s unloaded this week to almost $5bn.
Mr Bezos sold 739,032 shares under a pre-arranged trading plan, according to US Securities and Exchange Commission filings, days after he disposed of an identical amount. He said earlier this week in a filing that he plans to sell as many as 2 million shares.
It is his second big disposal of the year after offloading more than $10bn worth of shares in 2020.