Jeff Bezos Divests $4 Billion in Amazon Shares: Tax Avoidance Play?

Jeff Bezos Divests $4 Billion in Amazon Shares Amid State Tax Avoidance Speculation

In a remarkable financial move, Jeff Bezos, the eminent founder of the e-commerce juggernaut Amazon, has recently liquidated a substantial portion of his holdings in the company. Regulatory filings reveal that Bezos sold approximately 24 million Amazon shares, culminating in a striking $4 billion transaction over the course of four trading days. This divestiture marks Bezos's inaugural stock sale since 2021, igniting widespread speculation regarding the motivations behind his decision.