2024-02-03 12:52:56
USA: Jeff Bezos, chairman of the world’s largest e-commerce company, is reportedly planning to sell Amazon shares after three years. The media reported that Amazon plans to sell a maximum of 50 million shares in the next year.
Bezos, who is the third richest businessman in the world, is said to be worth $12 billion. Also, by selling the shares of his company in 12 months, he has earned several crores.
Jeff Bezos plans to sell 50 million shares by January 31, 2025, according to the US Securities and Exchange Commission. Amazon’s profit for the fourth quarter of 2022 is $149.2 billion. In this case, last year’s profit increased by 14 percent to 170 million dollars, Amazon said in its annual report.
Also Read: Punjab Governor Panwarilal Purohit Resigned.. What is the reason?
#Amazon #aggressively #entering #stock #market. #Plan #sell #million #shares