Jeff Bezos sells $4 billion of Amazon stock in four trading days

Jeff Bezos's move to Miami from Seattle has allowed him to sell 24 million shares of Amazon, worth over $4 billion. His relocation saves him $288 million in capital gains tax. The tax has been a significant source of revenue for Washington state but has faced criticism.

Feb 14, 2024 - 04:00
Jeff Bezos sells $4 billion of Amazon stock in four trading days
Jeff Bezos's move to Miami from Seattle has allowed him to sell 24 million shares of Amazon, worth over $4 billion. His relocation saves him $288 million in capital gains tax. The tax has been a significant source of revenue for Washington state but has faced criticism.