Jeff Bezos sells $4 billion of Amazon stock in four trading days
Wednesday, 14 February 2024 Jeff Bezos's move to Miami from Seattle has allowed him to sell 24 million shares of Amazon, worth over $4 billion. His relocation saves him $288 million in capital gains tax. The tax has been a significant source of revenue for Washington state but has faced criticism.
Jeff Bezos Sells $4 Billion , of Amazon Stock.
Earlier this month, Amazon
revealed that Bezos would be offloading
50 million shares by Jan. 31, 2025.
Earlier this month, Amazon
revealed that Bezos would be offloading
50 million shares by Jan. 31, 2025.
According to regulatory filings,
since...
Jeff Bezos, Leon Black, Jamie Dimon, and the Walton family have recently sold a combined $8 billion in company stock. What does this mean for you and your retirement account? Is a market crash..