(Bloomberg) — Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. Most Read from Bloomberg The sales took place on Wednesday and Thursday and netted just over $2 billion, according to a filing. Amazon disclosed on Feb. 2 that Bezos plans […]
Jeff Bezos, the founder of Amazon.com Inc., has made the strategic decision to sell up to 50 million shares of Amazon stock, a move that comes amid his transition from Seattle to Miami. The decision, detailed in a regulatory filing, outlines a trading plan set to conclude by Jan. 31, 2025. Bezos’s relocation is not […]
When Jeff Bezos started Amazon.com Inc. in his garage in 1994, the concept of an online bookstore seemed far-fetched to many. Critics abounded, and numerous potential investors turned down the opportunity for a share of ownership, skeptical of its viability. Despite the doubts, Bezos remained steadfast in his vision for Amazon. A video clip from […]
(Reuters) – Amazon.com founder Jeff Bezos will sell 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday. The securities is worth $8.6 billion at the current price of $172.13 a share. The sale plan was adopted on Nov. 8 last year […]
(Bloomberg) — Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc. over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person. Most Read from Bloomberg The disclosure comes after Amazon reported its best online sales growth since […]
Amazon.com Inc. Founder Jeff Bezos has been at the center of controversy for years. The billionaire is no stranger to luxury and took ownership of his $500 million mega-yacht Koru midway through 2023. But the billionaire recently went viral on Reddit after a picture was posted showing a fleet of other support ships following Koru. […]
Charles Littlejohn confessed to leaking Donald Trump’s tax returns. Federal investigators were not aware he was the leaker, new reporting from The Wall Street Journal reveals. The investigators had focused on Littlejohn for a separate leak involving billionaires Jeff Bezos and Elon Musk. The man who leaked Donald Trump’s tax returns nearly evaded federal investigators […]
Taking a chance on something unknown is always intimidating. It’s easy to pass up an opportunity, especially when its success seems uncertain. But what if that opportunity was Amazon? In 1994, Jeff Bezos, a then 30-year-old hedge fund manager, was seeking funding for a revolutionary idea: an online bookshop. To realize this vision, Bezos embarked […]
Jeff Bezos, the mastermind behind Amazon.com Inc. and a visionary in space exploration, is often seen as the epitome of success. But even someone of Bezos’s stature seeks inspiration to navigate the complexities and solitude that accompany being at the zenith of global business. In 2018, Bezos offered the world a rare glimpse into what […]
Amazon.com Inc. Founder Jeff Bezos, a key figure in modern business, saw a massive increase in his net worth from $107 billion in early 2023 to $177 billion a year later, marking a $70 billion gain, according to Fortune. This equates to an increase of $191,780,822 per day or about $7,990,868 per hour. To put […]
In the mid-1990s, a $10,000 investment in a nascent online bookstore seemed risky, but for Jeff Bezos’s siblings Mark and Christina, the decision may have catapulted them into the ranks of billionaires. A Bloomberg report reveals that in 1996, they each purchased 30,000 Amazon.com Inc. shares for $10,000. This investment has since grown exponentially, with […]
In December 2004, on Marketplace.org’s “Best Gift Ever” series, Amazon.com Inc. Founder Jeff Bezos reflected on the most impactful gift he ever received. He recalled the construction toys his grandfather gave him throughout his childhood: Lincoln Logs, Erector Sets, Legos. These gifts were more than playthings; they were the building blocks of Bezos’s innovative mindset. […]