Amazon founder Jeff Bezos plans to sell 25 million shares worth about $5 billion, Gizmochina reports. Despite the sale, Bezos will retain a significant portion of his stake in the company - about 912 million shares, which represents 8.8% of the company's shares. Bezos is currently the second richest person in the world with a total net worth of $221.6 billion. He also owns shares in Blue Origin and The Washington Post.On July 2, according to stock market data, Amazon stock closed at an all-time high of $200 per share. Amazon's shares have risen 32% this year alone.Recently, Jeff Bezos moved from Seattle to Miami, which sparked heated discussions. While Washington state charges a 7% capital gains tax, Florida does not, which means Bezos could save hundreds of millions of dollars.
Jeff Bezos will sell 25 million shares of Amazon worth $5 billion
04.07 15:00 |
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