{"id":13416,"date":"2021-05-09T11:12:07","date_gmt":"2021-05-09T11:12:07","guid":{"rendered":"https:\/\/www.ukrgate.com\/eng\/?p=13416"},"modified":"2021-05-09T11:20:14","modified_gmt":"2021-05-09T11:20:14","slug":"billionaire-jeff-bezos-unloads-the-second-tranche-of-amazon-shares","status":"publish","type":"post","link":"https:\/\/www.ukrgate.com\/eng\/?p=13416","title":{"rendered":"Billionaire Jeff Bezos Unloads the Second Tranche of Amazon Shares"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Amazon founder and CEO Jeff Bezos sold a second tranche of $ 2.4 billion in Amazon stocks on Friday, raising the amount he offloaded this week to nearly $ 5 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Kyiv. Ukraine. Ukraine Gate &#8211; May 9, 2021 \u2013 Entrepreneurs<\/strong><strong><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bezos sold 739,032 shares under a pre-arranged trading plan, according to US Securities and Exchange Commission filings, days after he dumped a similar amount. Earlier this week, he said in a dossier that it plans to sell up to 2 million shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It&#8217;s his second major disposal of the year after offloading more than $ 10 billion in equity in 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bezos sold about 739,000 shares on Wednesday under a pre-arranged trading plan, according to SEC files.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the fifteen years after Amazon.com went <a href=\"https:\/\/www.ukrgate.com\/eng\/?p=13057\" data-type=\"post\" data-id=\"13057\">public <\/a>in 1997, Bezos sold nearly a fifth of online retailers for nearly $ 2 billion. The value of his stake has ballooned in recent years to the point where he can now sell relatively small quantities for billions of dollars.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Amazon stock hasn&#8217;t changed much this year after rising 76 percent in 2020 as the Covid-19 pandemic kept people away from physical stores and encouraged online shopping.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bezos used the stock sales to fund rocket company Blue Origin while allocating $ 10 billion to the &#8220;Bezos Earth Fund&#8221; to help counter the effects of climate change.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Wednesday, the missile manufacturer said it had set July 20 for its first mission to take people into space and was planning to sell a single seat in the New Shepherd rocket.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mr. Bezos would have been richer had he not been divorced than Mackenzie Scott. It took a 4 percent stake in Amazon as part of the split and quickly became one of the world&#8217;s most important philanthropists.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read also: <a href=\"https:\/\/www.ukrgate.com\/eng\/?p=13283\" data-type=\"post\" data-id=\"13283\">Jeff Bezos Sells Amazon Shares for Nearly $2 Billion<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: Ukrgate<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon founder and CEO Jeff Bezos sold a second tranche of $ 2.4 billion in Amazon stocks on Friday, raising the amount he offloaded this week to nearly $ 5 billion. Kyiv. Ukraine. Ukraine Gate &#8211; May 9, 2021 \u2013 Entrepreneurs Bezos sold 739,032 shares under a pre-arranged trading plan, according to US Securities and [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":13419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13416","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/13416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13416"}],"version-history":[{"count":2,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/13416\/revisions"}],"predecessor-version":[{"id":13418,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/13416\/revisions\/13418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/media\/13419"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}