© Reuters. FILE PHOTO: The Amazon logo is seen at the company's logistics center in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo
(Reuters) – Amazon.com (NASDAQ ) founder Jeff Bezos sold about 12 million shares of the online retail and cloud services firm for about $2 billion, according to a company filing. company on Friday, shortly after presenting a plan to sell its shares over the next year.
The sale took place on Wednesday and Thursday, documents showed.
Last week, Amazon said Bezos would sell up to 50 million shares of the company.
The sale plan, which is subject to certain conditions, was adopted on November 8, 2023 and would be completed on January 31, 2025, according to the company's latest annual report.
Bezos, who stepped down as the company's CEO and took over as executive chairman in 2021, founded Amazon as a bookseller in 1994.
He is currently the second richest person in the world with a net worth of $200 billion, according to the Bloomberg Billionaires Index.
