TECH - Why Did Jeff Bezos Sell $6B In Amazon Stock? Internet Has Some Hilarious Takes: 'What Does He Know That We Don't' | Benzinga

Amazon.com Inc. (NASDAQ:AMZN) founder and chairman Jeff Bezos has sold nearly 36 million shares of the company he set up 30 years ago, totaling over $6.15 billion. While it's not known what Bezos' end game is, social media users have some hilarious takes on the matter.

What Happened: Bezos plans to sell 50 million Amazon shares over the span of 12 months, which could potentially net him $8.5 billion in total.

He still has 14 million shares remaining, which could net him up to $2.4 billion.

While Bezos is capitalizing on the Amazon stock surge, his net worth has risen to $194 billion, according to the Bloomberg Billionaires Index. This is after a surge of $16.7 billion in 2024 so far. He is now the second richest person in the world.

See Also: Jeff Bezos Was Time Magazine's Person Of The Year In 1999: If You Invested $1000 In Amazon Then, Here's How Much You'd Have

Bezos has now sold over $36 billion in Amazon shares since 2002, of ...

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