Find out how Jeff Bezos ' recent share sale boosted his fortune by $5.7 billion (US), and the reasons behind it.
On top of the world
Amazon's main shareholder, Jeff Bezos, is one of the world's richest individuals, ranking third in wealth.
Zuck and Musk
According to Forbes, Bezos has an estimated net worth of $215 billion (US), just behind Mark Zuckerberg, and a long way behind Elon Musk.
Paid share sales
And according to Bloomberg, the American businessman recently sold shares in Amazon, earning $5.7 billion (US).
On the move since the wedding
In fact, these monetary moves have all been done in previous weeks, more precisely since his marriage to Lauren Sanchez last June.
Share price up
Amazon's share price has risen by 38% since last April, prompting Bezos to sell millions of them, or a total of 25 million shares during this period. In particular, he recently accumulated $954 million (US) in return for 4.2 million shares, to give you an idea.
Since 2002
In fact, since 2002, Bezos has divested himself of more than $50 billion (US) worth of shares, while still holding around 884 million shares, or 8% of the company. He is no stranger to this strategy, having effectively liquidated 75 million shares in 2024, ultimately raising $13.6 billion (US).
Bezos had announced his intention
In recent months, Jeff Bezos had announced his intention to begin liquidating his assets.