Jeff Bezos, who has already become the second richest person in the world, will earn a lot in the coming days. He has prepared a plan to sell crores of Amazon shares, earning him $5 billion.
Jeff Bezos Will Sell 2.5 Crore Shares
Jeff Bezos has given information about his plan in a notice sent to the stock exchange. According to the plan, as soon as Amazon shares reach a new high, Jeff Bezos will take out crores of shares from his shares and sell them. He plans to sell 2.5 crore shares of Amazon in the proposed sale. Even after this sale, he will have about 91.2 crore shares of Amazon, equal to an 8.8 percent stake in Amazon.
These Are The 3 Richest People In The World
Jeff Bezos is currently the second richest person after Elon Musk. According to the Bloomberg Billionaires Index, Elon Musk is currently the wealthiest person in the world, with a net worth of $252 billion. Jeff Bezos is in second place with a net worth of $219 billion. Bernard Arnault of France, who became number 1 some time ago, is currently the third richest person with a net worth of $201 billion.
Shares Set A Record On Tuesday
Amazon’s share price has been rising steadily for the past few days. On Wednesday, Amazon’s stock fell 1.21 per cent to close at $197.59. A day before that, on Tuesday, Amazon’s shares set a new record and crossed the price of $200. On that day, Amazon’s stock touched the level of $200.43. Jeff Bezos will sell the shares whenever Amazon’s stock crosses $200.43.
Shares Worth This Much Have Been Sold In February
Jeff Bezos has already sold shares this year. He sold shares worth about $8.5 billion in the first nine days of February, the first sale of Amazon shares by Jeff Bezos since 2021. After the proposed sale, Bezos will sell Amazon shares worth $13.5 billion this year. Apart from Amazon, he also has ventures like the space exploration company Blue Origin and the Washington Post.
