s hit an all-time high this week, a regulatory filing reveals. Amazon’s stock reached an all-time high of $200.43 last week, with the market cap reaching $2 trillion for the first time. It has jumped more than 30% so far this year.
Bezos has filed a notice with the Securities and Exchange Commission to sell 25 million Amazon shares that are worth about $5 billion.Post the latest share sale, Bezos will still own over 900 million shares of Amazon, reported Bloomberg.
Jeff Bezos sold 1.1 million Amazon shares in may
In May this year, Bezos sold about 1.1 million Amazon shares. The billionaire sold 431,426 shares on May 29 and 667,260 shares on May 30, which were valued at about $117 million at the time. He then said to use the amount to fund his nonprofit preschools.
Bezos sold 50 million Amazon shares in February, earlier this year. The shares then were roughly worth $8.5 billion.
According to Bloomberg Billionaire Index, Jeff Bezos has a net worth of about $222 billion. He is the world’s second-wealthiest person after Elon Musk.
In other news, a video of the e-commerce ex-CEO is doing rounds on the internet, where Bezos is seen talking about his morning routine and more.
In the video, Bezos said “I go to bed early, I wake up early, I like to putter in the morning. I like to read the newspaper, I like to have coffee, I like to have breakfast with my kids before they go to school. My puttering time is very important to me. That’s why I set my first meeting for 10 am.”
The video was shared by @historyinmemes on X, formerly Twitter on June 30. It has garnered about 4.7million views till now.
