Bezos Sells: Bezos Dumps $2B Amazon Shares What’s the $6B Move About?
Bezos’ Big Sell
Billion-Dollar Move
Jeff Bezos, the visionary behind Amazon, is in the headlines again, not for a new tech breakthrough but for a massive stock selloff. This week, he parted with another 12 million Amazon shares, pocketing $2 billion. That’s on top of the $6 billion he’s already cashed out recently.
Strategic Shift
This isn’t just a billionaire’s shopping spree fund. Bezos is executing a master plan, aiming to unload up to 50 million shares. So far, he’s let go of 36 million. Why? Well, Bezos keeps his cards close, but his recent move from Seattle to tax-friendly Miami might shine some light on his strategy.
Tax-Savvy Transition
By switching coasts, Bezos could be dodging a hefty 7% capital gains tax newly introduced in Washington state. Florida’s tax haven status means Bezos could save around $430 million. Who wouldn’t want to keep that kind of change in their pocket?
Silent Strategy
Neither Bezos nor Amazon is spilling the beans on this financial maneuver. But it’s clear this billionaire is not just making moves; he’s making headlines. Whether it’s for innovation, space, or smart financial planning, Jeff Bezos remains a figure of fascination.
What’s the Buzz?
For anyone keeping an eye on the stock market or the tech giants shaping our world, Bezos’ latest play is more than just a transaction. It’s a glimpse into the strategic thinking of one of the world’s most influential figures. As he reshapes his portfolio, we’re all reminded of the power of savvy decision-making—and the impact of tax codes on major financial moves.
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