Nigeria, May 4 -- Jeff Bezos, the visionary entrepreneur who transformed Amazon from a humble online bookstore into a global e-commerce and cloud computing powerhouse, is once again making headlines - this time for his financial strategy.
The billionaire plans to offload up to 25 million shares of Amazon stock, worth an estimated $4.75 billion, over the course of a year, according to a filing submitted to the U.S. Securities and Exchange Commission (SEC).
This move is part of a pre-scheduled trading plan that allows Bezos to gradually divest his holdings. The plan is set to be fully executed by May 2026 and is a continuation of his long-term approach to portfolio diversification.
A Calculated Move Amid Global Tensions
The timing of th...
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