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Roula Khalaf, publisher of the FT, selects her favorite stories in this weekly newsletter.
Amazon’s founder Jeff Bezos is planning to sell up to $ 4.75 million in the e -commerce for the next 12 months, revealed the regulatory archives on Friday.
Bezosleft by Tech Group’s CEO, based on Seattle, in mid -2011, will sell up to 25 million shares through an ordered negotiation plan until the end of May 2026.
At Thursday’s Closing Price of $ 190, participation is worth about $ 4.75 million. The negotiation plan was created in early March, according to AmazonThe last quarterly presentation.
Dissemination came hours after Amazon warned Thursday Evening the impact of Donald Trump’s World Trade War, which forecasts clean sales and operating income could reach below Wall Street forecasts.
Bezos previously unloaded more than $ 13.4 million from Amazon’s shares throughout 2024, a year in which the company’s market lid increased beyond $ 2, fueled by the excitement of investors for artificial intelligence.
The second richest man in the world has gradually pushed his attention from the e-commerce company he founded in 1994, paying a renewed approach to his Space Venture Blue Origin and the American newspaper The Washington Post.
Bezos has used Amazon Share sales to help fund Blue origin And he is the only shareholder in the group. The company does not reveal financial information, but its costs exceed $ 2 million a year, according to a person who knew this. The income of the federal contracts complies with part of their costs, and the founder of Amazon was any lack.
In recent months also bezos dedicated to a concerted effort To repair his relationship with a United States President, he once criticized a “threat to democracy”.
Since then, the relationship has warmed up, with Bezos gathering Trump several times last year and attending his second inauguration with his girlfriend Lauren Sánchez.
In the meantime, the founder of Amazon has commissioned the Washington Post to focus more closely on personal freedoms and free markets. His turn to Trump has triggered an exodus of talent from the newspaper, which has lost hundreds of thousands of subscribers.
In addition to unloading large pieces of Amazon actions, Bezos has sold minor amounts to finance charitable companies, including the Fund of the Day, a non -profit organization he founded.
In March, Bezos unloaded about $ 60 million of shares to give an unnamed non -profit organization, according to regulatory files.
Bezos did not immediately respond to a comment request.