Jeff Bezos sold 12 million shares of Amazon last week, marking the first time the billionaire has sold shares of the company since 2021.
The sales took place on Wednesday and Thursday and achieved a little more than two billion dollars, according to a document, the details of which were published by Al-Sharq.
Amazon revealed on February 2 that Bezos plans to sell up to 50 million Amazon shares over the next 12 months, potentially benefiting from the stock rally that has brought him closer to the title of the richest person in the world.
His wealth rose by $22.6 billion this year to $199.5 billion as of Friday, according to the Bloomberg Billionaires Index.
