Jeff Bezos: Billionaire, Amazon Founder, and Space Pioneer – A Financial snapshot
Venice, Italy – June 28, 2024 – Amazon founder Jeff Bezos marked a momentous Friday, June 27th, with both a marriage to Laura Sánchez in Venice and a meaningful stock sale netting him $5.4 billion (4.6 billion euros) .This sale involved 25 million shares of Amazon,and comes as Bezos continues to strategically fund his space exploration company,Blue Origin.
Financial Details & Portfolio:
Currently ranked third on the Bloomberg list of the world’s richest individuals with a net worth of $244 billion (208.5 billion euros) , Bezos has been steadily reducing his stake in Amazon. The recent sale priced each share at approximately $217 , a considerable increase from the average price of $205.44 achieved during his last stock sale in November of last year .
Prior to this sale,Bezos held over 908 million Amazon shares ,making him the company’s largest individual shareholder. Amazon stock has seen a recovery as hitting lows in April, gaining 33% and reaching $222.50 per share at Friday’s close .
Transition & Future Focus:
Bezos stepped down as CEO
