10:43 - 14.11.2024

---

November 14, Fineko/abc.az. Jeff Bezos, the head and founder of Amazon.com Inc.,  sold shares of his company for $1.2 bn, ABC.AZ reports, referring to the documents sent to the Securities & Exchange Commission (SEC).

Since the beginning of November, he has sold Amazon securities for a total of $2.7 bn.

The sales are being carried out in accordance with a previously announced plan, according to which Bezos can sell 25 million shares by the end of 2025. About 22 million shares have already been sold by the businessman.

At the beginning of the year, Bezos sold Amazon securities for $8 bn. He still owns shares of the company worth about $220 bn, MarketWatch notes.

Since the beginning of the year, Amazon's capitalization has jumped by 37.5% to $2.17 trillion.