Sales will be carried out according to a pre -approved plan that allows those who come from inside to sell shares to prevent the accusations of using internal information. Bezos, the biggest shareholder of Amazon with 1.02 billion shares, sold shares for the first time in 2024 for $ 13.5 billion – for the first time since 2021, the space company Blue Origin and a day aid fund that supports the struggle against homelessness. The announcement of the sale coincided with the Amazon report for the first quarter, which made a profit higher than expectations, but the weak prediction of the operating profit due to new tariffs brought by President Trump.
Recently, Bezos had come up after Trump’s call for Amazon, who complained that he was about to show the cost of tariffs for buyers. The company quickly rejected these plans.
Source: Ferra
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