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المشهد العربي
Jeff Bezos offloads $350M in Amazon stock
Jeff Bezos sold shares in Amazon worth $350 million, benefiting from the stock's rise to record levels. This was part of a pre-arranged sale program that allows him to liquidate approximately 15 million shares valued at over $4 billion. Since the beginning of the year, the stock has increased by 18%, boosting Bezos's wealth by $38.7 billion to reach $292 billion. Additionally, Amazon's market capitalization surpassed $3 trillion, supported by revenue growth in its cloud computing division. Bezos retains an estimated 8.16% stake in the company.
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