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Jeff Bezos recently sold approximately 12 million shares of the e-commerce and cloud services giant, fetching him around $2 billion, as revealed in a company filing on Friday. This move follows Bezos's earlier announcement of a plan to sell up to 50 million shares over the next year. The transactions, totaling $2 billion, were executed on Wednesday and Thursday, as indicated in the filings. The sale plan, subject to specific conditions, was initiated on November 8, 2023, and is slated to conclude by January 31, 2025, according to Amazon's latest annual report. Bezos, who founded Amazon in 1994 as a bookseller and transitioned to the role of executive chairman after stepping down as CEO in 2021, retains the position of the world's second-richest individual, boasting a net worth of $200 billion, according to the Bloomberg Billionaires Index. #amazon #jeffbezos #shares #businessnews #m18infinity

Amazon founder Jeff Bezos intends to sell up to 50 million shares of Amazon stock over the next year, according to a regulatory filing. The shares are valued at nearly $8.6 billion at their current price. Bezos disclosed his planned stock sale in Amazon's annual report, complying with Securities and Exchange Commission regulations. This announcement follows a record-breaking quarter for Christmas sales, leading to an almost 8% rise in Amazon's stock on Friday. Bezos, who stepped down as CEO, is now the chair of Amazon's board. The annual report outlines his trading plan to sell shares subject to specific conditions, extending until January 31, 2025. The move comes amid various changes and challenges for Amazon, including shifts in consumer demand and cost-cutting measures initiated by current CEO Andy Jassy. #amazon #founder #jeffbezoz

Amazon founder Bezos Jeff intends to sell up to 50 million shares of Amazon stock over the next year, according to a regulatory filing. The shares are valued at nearly $8.6 billion at their current price. Bezos disclosed his planned stock sale in Amazon's annual report, complying with Securities and Exchange Commission regulations. This announcement follows a record-breaking quarter for Christmas sales, leading to an almost 8% rise in Amazon's stock on Friday. Bezos, who stepped down as CEO, is now the chair of Amazon's board. The annual report outlines his trading plan to sell shares subject to specific conditions, extending until January 31, 2025. The move comes amid various changes and challenges for Amazon, including shifts in consumer demand and cost-cutting measures initiated by current CEO Andy Jassy. #amazon #shares #amazonfounder

Amazon organizer Jeff Bezos plans to sell up to 50 million portions of Amazon stock throughout the following year, as indicated by an administrative recording. At their current value, the shares are worth nearly $8.6 billion. Bezos uncovered his arranged stock deal in Amazon's yearly report, consenting to Protections and Trade Commission guidelines. This declaration follows a record-breaking quarter for Christmas deals, prompting a practically 8% ascent in Amazon's stock on Friday. Bezos, who ventured down as Chief, is presently the seat of Amazon's board. The yearly report frames his exchanging plan to sell shares subject to explicit circumstances, stretching out until January 31, 2025. The move comes in the midst of different changes and difficulties for Amazon, remembering shifts for shopper interest and cost-cutting estimates started by current Chief Andy Jassy. #Techwixer #amazonbusiness #amazonfba #amazonseller #jeffbezos #stockmarketnews #shares

🎙Jeff Bezos Encouraged His Brother And Sister To Invest $10,000 In #amazon — Their Stake Grew 10,249,900% And Now Potentially Is Worth Over $1 Billion. ☞ In the mid-1990s, a $10,000 investment in a nascent online bookstore seemed risky, but for Jeff Bezos's siblings Mark and Christina, the decision may have catapulted them into the ranks of billionaires. ☞ Bloomberg report reveals that in 1996, they each purchased 30,000 Amazon Inc. shares for $10,000. ☞ This investment has since grown exponentially, with each sibling’s stake potentially reaching over $1 billion today, a 10,249,900% gain. ☞ According to an article by Luxury Launches, referencing a #bloomberg report from July 31, 2018, the stakes held by Jeff Bezos’s siblings were valued at $640 million each, based on Amazon’s stock closing price of $91 at the time. ☞ Fast forward to the present, and with Amazon’s stock price at $149, their stakes are now valued at $1.044 billion each.

Amazon was founded 30 years ago by 30-year-old Jeff Bezos. Back in 1994, less than 11 million U.S. households had modem-enabled PCs. However, the country’s online user growth was forecast to expand exponentially in the following years. Today, valued at more than $2 trillion, Amazon is among the largest companies in the world. Since its IPO in 1997, Amazon stock has returned over 200,000% to shareholders. So, a $100 investment in AMZN stock soon after it went public would be worth more than $200,000 today. Read more about the e-commerce giant in today's newsletter. The subscription link is in the comments. #amazon #stock #investing #money #ipo

Why is Jeff Bezos selling off his shares of Amazon so quickly? Amazon’s founder sold off another $2B in Amazon shares yesterday. That’s $6B sold in a week, across 3 trades. And he’s not done. It sounds like the Billionaire has a plan to offload another $4B in shares. That will bring the total shares sold to $10B. Some people are pointing to Washington’s new capital gains tax. But here’s the catch: Bezos is still going to take a beating from the Federal Capital Gains Tax. Some speculate that Bezos has become bearish on AMZ due to the rapid rise of competitors like TikTok, TEMU, Shein, and others. If none of those challengers pose a threat to Amazon directly, what does their growth mean for Amazon in aggregate? Or is this really just about tax savings? What do you think? #ecommerce #founderlife #cpg #cpgbrands #retailmedia #amazon #retailstrategy

For the first time since July 2021, Amazon stock prices hit an all-time high making billionaire Jeff Bezos $3.3 billion richer, Forbes reported. On Thursday, the e-commerce company’s share price increased by 2% to $190 per share. It is now less than 2% away from crossing the $2 trillion market capitalization mark. The transformation in artificial intelligence (AI) has resulted in investors shifting in favor of Amazon. Analysts believe Amazon’s AI-heavy AWS division will drive much of the online retail giant's growth. After Bezos's retirement as Amazon CEO, Andy Jassy took over. During the beginning of his tenure between mid-2021 and the end of 2022, Amazon stock was reduced by as much as 60%. Bezos, 60, is the executive chairman of Amazon’s board and its largest shareholder. Due to the rise in stock prices, his wealth has risen by $3.3 billion, reaching $210 billion. He is the second richest man in the world after Bernard Arnault, the CEO of LVMH. #amazon #stocks #sharemarket #news

Amazon's stock has gone up about 80% in the last year, despite facing challenges from the pandemic and economic conditions. Although it hasn't reached its highest point from July 2021, there's potential for it to rise further and hit new record highs in the next year. Tap the link in bio for details #Amazon #StockMarket #Investing #Ecommerce #CloudComputing #GrowthPotential

Jeff Bezos Sells $4 Billion of Amazon Stock, Relocates for Tax Savings In a strategic financial move, Jeff Bezos has sold Amazon stock worth over $4 billion in just four trading days, according to the latest filings with the Securities and Exchange Commission. This significant sale comes after Bezos announced plans to sell half of his intended stock within the next year. Relocating to Miami, Bezos positions himself in a state with no tax on capital gains, contrasting sharply with Washington state's recent law that would have levied a tax bill of over $288 million on these sales. This decision underscores the importance of strategic financial planning and location choice in wealth management. The sale, Bezos' first since 2021, leverages a recent surge in Amazon's stock price, marking a notable financial maneuver by the tech mogul. As industry professionals, this move invites us to examine the implications of state tax policies on personal financial decisions and the broader economic impacts. #JeffBezos #Amazon #FinancialStrategy #TaxPlanning #CapitalGains #linkedincommunity #linkedinnews #marketing #branding