Jeff Bezos, founder and president of Amazon, performs on stage during the annual summit of the New York Times Dealbook in Jazz at the Lincoln Center in New York on December 4, 2024.
Michael M. Santiago Getty images
Amazon founder Jeff Bezos According to the following year, he plans to sell up to 25 million shares in the company financial application on Friday.
Bezos, who gave way as the CEO in 2021, but remains the best shareholder of Amazon, sells shares as part of the commercial plan adopted on March 4, according to submitting applications. The package would be worth about $ 4.8 billion at the current price.
The disclosure is in line with Amazon earnings in the first quarter report Late Thursday. While profit and revenues exceeded the estimates, the company's forecast regarding operating income in the current quarter was below Wall Street expectations.
The results show that Amazon is preparing for uncertainty related to President Donald Trump sweeping new tariffs. Business He landed in the crosshairs White House this week on the report that Amazon planned to show buyers the cost of tariffs. Trump personally called Bezos to complain, and Amazon explained that such a change was not coming.
Last year, Bezos previously overloaded about $ 13.5 billion in Amazon shares, marking its first sale of the company from 2021.
Since the handing over the role of Amazon CEO, Andy Jassa, Bezos has spent more time on his space exploration company, Blue Origin and his air conditioning and biological diversity worth $ 10 billion. He used the sale of Amazon shares to help finance Blue Origin, as well as the Day One Fund, which he launched in September 2018 to ensure education in low -income communities and combating homelessness.
