Strategic Moves

Business

Amazon’s Jeff Bezos Sells 24 Million Shares Worth $4 Billion

Jeff Bezos, the executive chair of Amazon and multi-billionaire, has recently sold over $4 billion worth of Amazon shares, totaling 24 million shares this month. This follows the company’s earlier announcement that Bezos plans to sell 50 million shares, valued at around $8.4 billion. The move is part of Bezos’s financial strategy, and he had not sold any Amazon shares…