Cash out 8.5 billion in 9 days! The founder s crazy reduction in Amazon s hidden mystery?

Mondo Technology Updated on 2024-02-21

On February 20, the U.S. Securities and Exchange Commission (SEC) disclosed documents showing that Amazon (AMZNUS) founder and CEO Bezos sold another 1,400 in three trading days on February 15, 16 and 20690,000 shares of Amazon**, valued at approximately $2.4 billion.

With the addition of ** earlier this month, Bezos has sold 50 million shares in nine trading days, cashing out a total of $8.5 billion, which is surprising.

At the beginning of this month, Amazon just disclosed the news that Bezos plans to **50 million shares of Amazon in 12 months**, and now it is less than a month before the news is released.

In fact, since Bezos stepped down as CEO of Amazon in May 2021, he has not ** Amazon, but this time he is going the other way, is he preparing to liquidate and "escape"?

In this regard, some investors believe that Bezos wants to accelerate the **Amazon** because he announced last November that he would leave Seattle and move to Miami, bringing him closer to his fiancée Lauren Sanchez and his parents, as well as Blue Origin's business.

Of course, there are also some voices who point out that this may be related to tax avoidance. It is reported that Washington State implemented a 7% capital gains tax in 2022, while Florida does not have such a tax, which means that Bezos's relocation could save him hundreds of millions of dollars in taxes.

Whatever the reason, this doesn't change the fact that Amazon is **. After this round, Bezos still has about 9With 3.8 billion shares of Amazon**, it remains its largest shareholder.

Based on the ** price of this Tuesday, these ** are worth about 1566$4.6 billion. According to the Bloomberg Billionaires Index, Bezos has a net worth of $191.3 billion.

It is worth mentioning that in addition to Bezos, Amazon is not optimistic about other shareholders and executives this month, and the cash-out wave is "in full swing". Since the beginning of February, Amazon CEO Jass Andrew, executives Herrington Douglas, Selipsky Adam, and some executives have all had varying degrees of **Amazon**.

Author: Hong Xiaodou.

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