Jeff Bezos Sells $665 Million in Amazon Shares

In a significant financial move, billionaire entrepreneur and Amazon founder Jeff Bezos has sold a substantial portion of his holdings in the company. According to a recent filing with the United States Securities and Exchange Commission (SEC), Bezos offloaded 2.04 million common stock shares at an average price of $223.92, along with an additional 927,863 shares at an average price of $223.73.

This transaction, which took place earlier this week, totals an astonishing $665 million, marking one of the largest sales by the Amazon magnate in recent history.