Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Jeff Bezos sells more than $2 billion in Amazon stock for third time this month

Amazon founder Jeff Bezos sold roughly $2.03 billion of shares in his company over the past few days, according to a regulatory filing, bringing his total sales this month to over $6 billion.

On Tuesday and Wednesday, Bezos sold about 12 million Amazon shares at an average price of $169.50 a share.

The sales were executed under a trading plan that went into effect in November. Bezos could ultimately sell up to 50 million shares of Amazon, according to the company's annual filing. Bezos sold about 12 million shares, worth $2 billion, between Friday and Monday, and sold another 12 million shares the week before that.

The sales this month mark the first time Bezos has sold Amazon stock since May 2021, the year he stepped down as Amazon CEO, although he gifted about $240 million in Amazon shares last year.

In November, Bezos said he would leave Seattle and move to Miami, allowing him to be closer to his space exploration company Blue Origin, as well as to the family of fiancée Lauren Sanchez's family. The move will also potentially save him hundreds of millions of dollars in taxes on the share sales.

Bezos is currently the world's third-wealthiest person, with a net worth of $191.4 billion, according to Forbes. His Amazon holdings have dipped to 952.26 million shares from 976.25 million shares after his February sales.

— CNBC's Annie Palmer contributed to this report.

WATCH: Jeff Bezos sells $2 billion of Amazon shares

Read more on cnbc.com