Is Jeff Bezos in Financial Fix Ahead of Marriage with Lauren Sanchez? Billionaire Sells USD 5 Billion Amazon Stocks
Jeff Bezos has filed to sell his Amazon stocks up to 5 billion USD. According to recent reports, the executive chairman of the e-commerce company is set to sell 25 million shares of his company, with the highest one going up to 10 figures. The numbers could, however, vary according to the stock prices. If the value is less, the shares would be worth less, and if the prices go up, the shares would be worth a lot more. The news of the former CEO of Blue Origin selling his stock comes in light of the billionaire getting married. Bezos is set to tie the knot to Lauren Sanchez in Venice sometime in the summer. Moreover, the trading plan, which was disclosed on Friday, did not reveal any stocks to be sold ahead of the limit of 25 million, and the end date noted in the documents was May 29, 2025. As per the previous news reports, Bezos has sold a small portion of his stock over the past couple of years. The ones of high value include …
