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Jeff Bezos filed a statement with federal regulators disclosing the sale of nearly 12 million shares of Amazon stock, amounting to over $2 billion.
The shares were sold in five blocks between 1 million and over 3.2 million.
Bezos also listed the proposed sale of 50 million Amazon shares with an estimated market value of $8.4 billion.
After stepping down as Amazon’s CEO in 2021, Bezos has focused on other ventures such as Blue Origin, his rocket company, and philanthropy, despite his official address being listed as Seattle, there are reports of his relocation to Miami.
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