Jeff Bezos, the world’s third-richest person, founder, executive chairman, and former president and CEO of Amazon, is reportedly contemplating the sale of approximately $1 billion worth of the company’s shares, as per a CNBC report.
The report indicated that Bezos might consider selling a quantity ranging from 8 million to 10 million shares, equating to a sum exceeding $1 billion.
At present, neither Amazon nor representatives of Jeff Bezos have issued any statements regarding the aforementioned news report. Various media outlets have reported that Bezos, who stepped down as Amazon’s CEO in 2021, recently divested shares totaling $240 million, although this information remains unconfirmed.
Apart from his role at Amazon, Jeff Bezos is actively engaged in other enterprises, such as Blue Origin, an American aerospace company specializing in the production of rockets, spacecraft, and satellites. Blue Origin is currently exploring the potential of space tourism.
As per data from the Bloomberg Billionaires Index, Jeff Bezos possesses a cumulative net worth of $168 billion, ranking him as the third wealthiest individual globally, following Elon Musk and Bernard Arnault.
As of the current writing, the NASDAQ-listed share price of Amazon has experienced a 1.53% decline, settling at $143.9.
