Meanwhile, the total sales volume for February has already reached $6 billion.
According to documents reviewed by CNBC, Amazon founder Jeff Bezos has sold shares of his company totaling approximately $2.03 billion in the past few days — and a total of $6 billion during February.
On Tuesday and Wednesday, Bezos sold shares for about $12 million — at an average price of $169.50 per unit.
The sales align with the company's trading plan, which came into effect in November. In total, the billionaire may eventually sell up to 50 million Amazon shares (the $2 billion figure covered about 12 million shares — he sold the same amount the week before).
The February sales mark the first instance of Bezos selling shares since May 2021, when he stepped down as Amazon's CEO.
In November, Jeff announced that he would leave Seattle and move to Miami to be closer to his space company Blue Origin, as well as to his fiancée Lauren Sanchez's family. This move could potentially save him hundreds of millions of dollars in taxes from selling shares.
Currently, Bezos ranks third in the list of the world's richest people according to Forbes' data — with a fortune of $191.4 billion. The first two spots belong to Bernard Arnault ($223.1 billion) and Elon Musk ($205.5 billion).
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