The notice came as Amazon shares closed at $200, the highest since the company’s listing in the late 1990s.
Amazon founder Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a record high.
It has jumped more than 30% so far this year, outpacing the 4% gain in the Dow Jones Industrial Average index Bezos, who also owns aerospace manufacturer Blue Origin and The Washington Post, announced in November he was moving to Miami from Seattle, a move thatBezos is not the only one selling off a load of shares while his company’s stock soars.
Amazon Jeff Bezos Microsoft Nvidia
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
VOTE: What would most help bring down housing costs in the Seattle area?The donations come after criticism that under Jeff Bezos, Amazon did little to help affordability.
Read more »
Lauren Sánchez vacations in Greece with fiance Jeff Bezos, Kim Kardashian — and her ex Tony GonzalezLauren Sanchez stuns in gold bikini while on vacation with Jeff Bezos, Kim Kardashian
Read more »
Lauren Sánchez Rocks an Itsy Bitsy Gold Bikini While Jet Skiing with Jeff BezosLauren Sánchez and Jeff Bezos were seen on Thursday, June 27, riding around the Aegean Sea on jet skis
Read more »
Bad Bunny, Kendall Jenner Vacay with Kim Kardashian, Jeff Bezos, Lauren SanchezBad Bunny and Kendall Jenner's latest date abroad -- they've been on the move for weeks -- is turning into a family affair ... a very wealthy one!
Read more »
Elon Musk Explodes With Fury at Jeff BezosScience and Technology News and Videos
Read more »
Jeff Bezos blames Elon Musk’s rockets for spewing too much heat in neighborhoodBlue Origin, owned by Jeff Bezos, has filed a complaint with the Federal Aviation Administration (FAA) about Elon Musk's SpaceX.
Read more »