For the Amazon founder, its his first sale of company stock in more than two years.
Amazon _.com founder Jeff Bezos has sold $2 billion of the retail and cloud company’s stock, his first sale in more than two years.
The sale was disclosed late Friday night.
Bezos sold 12 million Amazon shares for $2.04 billion, an average price of $170.21 each, from Feb. 7 to 8.
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After the latest sales, Bezos continues to own 976 million Amazon shares. He last sold stock in November 2021, at an average price of about $172.70, adjusted for a 20-for-1 stock split that was effective in June 2022.