(Bloomberg) — Jeff Bezos disclosed a plan to unload 25 million additional shares of Amazon.com Inc. worth $5 billion on the day the stock hit a fresh record.
The notice was filed after the market closed Tuesday, though sales could also take place as early as that day, according to the filing.
Bezos sold shares worth about $8.5 billion over nine trading days in February — the first time he disposed of company stock since 2021. The additional sales would bring his total this year to roughly $13.5 billion, according to calculations by the Bloomberg Billionaires Index.
See also Unlike 2008, we have both a historically overpriced housing bubble AND stock market bubble.
https://uk.finance.yahoo.com/news/bezos-sell-5-billion-amazon-132129518.html