"Bezos Unloads $2 Billion in Amazon Shares, Eyes Move to Miami for Tax Savings"

Amazon's Executive Chair Jeff Bezos sold over $2 billion in shares this week, with about 12 million shares sold at prices around $170 a share in five share sales on Wednesday and Thursday. Bezos still owns approximately 976 million shares of Amazon, and earlier adopted a plan to sell as many as 50 million shares before early next year, totaling about $8.6 billion in stock. This marks Bezos' first sale of Amazon shares since 2021, and he currently owns roughly 10% of the company.