Why is Jeff Bezos selling billions in Amazon Shares?

Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. The sales earned Bezos about $2 billion. Bloomberg’s Ed Ludlow reports.

Read more: https://www.bloomberg.com/news/articles/2024-02-10/bezos-sells-2-billion-of-amazon-shares-in-first-major-stock-sale-since-2021

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Like this video? Subscribe to Bloomberg Technology on YouTube:
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Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda

Get the latest in tech from Silicon Valley and around the world here:
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Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda

Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology

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