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Why Jeff Bezos Sold $6 Billion of Amazon Stock This Week—It's All Part of a Plan (www.investopedia.com)

posted 277 days ago by brain_dead 277 days ago by brain_dead +93 / -0

Why Jeff Bezos Sold $6 Billion of Amazon Stock This Week—It's All Part of a Plan

Three months after moving back to Miami, Jeff Bezos sold $6 billion in Amazon stock as part of a predetermined plan—one that benefits from his relocation to tax-friendly Florida.

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– changeagent 14 points 277 days ago +14 / -0

Yeah, but $6B is a lot! So, regardless of the tax benefit, why did he sell so much? And Gates is apparently selling a shit-ton of stock, too. Is it habbening?

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▲ 7 ▼

– Pbman2 7 points 277 days ago +8 / -1

He is short on stonks.

Moon soon.

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▲ 1 ▼

– FuckNewsom 1 point 276 days ago +1 / -0

And because Teddy will be replacing Amazon.

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– brain_dead [S] 3 points 277 days ago +3 / -0

Good question.

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– Q20191776 3 points 277 days ago +3 / -0

6 Billion you say?

https://www.cbsnews.com/news/iran-6-billion-biden-israel-hamas-attack/

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– MemeToDeath2021 1 point 276 days ago +1 / -0

He is buying United Launch Alliance to merge with Blue Origin. It was pre-programmed starting in March 2023.

Nov 2023 article: https://arstechnica.com/space/2023/11/sale-of-united-launch-alliance-is-nearing-its-end-with-three-potential-buyers/

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