Jeff Bezos, the founder of Amazon.com Inc. AMZN, has wrapped up his recent sale of Amazon shares. Last week, Bezos sold off Amazon stock worth $1.3 billion, taking his total sales for November to a whopping $3.4 billion. What Happened: Bezos has offloaded a total of $5.1 billion worth of Amazon stock since July. These sales…
Amazon.Com, Inc. AMZN shares are moving lower on Friday after Third Point reported that it decreased its stake in the company. Here’s what you need to know. What To Know: In the 13F filing with the Securities and Exchange Commission, Third Points disclosed that it decreased its stake in Amazon by 27% from 5,100,000 shares…
MacKenzie Scott, the ex-wife of Amazon.com, Inc. AMZN founder Jeff Bezos, has recently sold 11% of her Amazon shares, valued at over $8 billion. The Details: Scott received approximately 400 million Amazon shares as part of her divorce settlement with Bezos in 2019 and signed The Giving Pledge, a commitment to donate most of her…
Following Donald Trump’s win in the 2024 U.S. Presidential election, Jeff Bezos‘ net worth has skyrocketed to an unprecedented $228 billion, according to Bloomberg’s Billionaire Index. What Happened: Bezos’ wealth, largely connected to his 926.41 million shares in Amazon.com, Inc. AMZN, has surged considerably since Trump’s election win. Tesla and SpaceX CEO Elon Musk currently holds…
Amazon.com Inc. AMZN executive chair Jeff Bezos has sold off a significant chunk of his Amazon shares, according to a filing with the U.S. Securities and Exchange Commission. What Happened: Bezos recently divested 1.07 million shares of Amazon stock at $200.07 per share, raking in approximately $213.8 million. As per the SEC filing on Tuesday, this transaction leaves…