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Jeff Bezos sells more than $2 billion in Amazon stock for third time this month

Jeff Bezos appears on from the sidlines ahead of kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The Amazon founder and chairman is one in all the arena’s richest males.

Cooper Neill | Getty Photography Sport | Getty Photography

Amazon founder Jeff Bezos provided roughly $2.03 billion of shares in his company over the past few days, in step with a regulatory submitting, bringing his total gross sales this month to over $6 billion.

On Tuesday and Wednesday, Bezos provided about 12 million Amazon shares at a median rate of $169.50 a share.

The gross sales had been carried out below a trading idea that went into assign in November. Bezos would possibly presumably maybe moreover in the end promote up to 50 million shares of Amazon, in step with the company’s annual submitting. Bezos provided about 12 million shares, rate $2 billion, between Friday and Monday, and provided one more 12 million shares the week ahead of that.

The gross sales this month attach the first time Bezos has provided Amazon stock since Would possibly maybe maybe moreover 2021, the Three hundred and sixty five days he stepped down as Amazon CEO, though he gifted about $240 million in Amazon shares last Three hundred and sixty five days.

In November, Bezos talked about he would leave Seattle and pass to Miami, permitting him to be closer to his suppose exploration company Blue Foundation, to boot to to the family of fiancée Lauren Sanchez’s family. The pass will moreover potentially set up him a total lot of hundreds of hundreds of bucks in taxes on the percentage gross sales.

Bezos is on the second the arena’s third-wealthiest person, with a earn rate of $191.4 billion, in step with Forbes. His Amazon holdings have dipped to 952.26 million shares from 976.25 million shares after his February gross sales.

— CNBC’s Annie Palmer contributed to this file.

WATCH: Jeff Bezos sells $2 billion of Amazon shares

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