Jeff Bezos sells $3 billion in Amazon shares, becomes second richest person

Jeff Bezos has sold over $3 billion in Amazon shares, bringing his total sales for 2024 to more than $13 billion. His net worth now stands at $222 billion, making him the second-richest person in the world. The recent share sales occurred as Amazon's stock approached $200 per share, following a strong third-quarter earnings report. Bezos sold more than 16 million shares, marking the highest stock value since Amazon's 1997 debut. In related news, Bezos commented on the Washington Post's decision to stop endorsing presidential candidates, citing a need to address media credibility. He clarified that this decision was not linked to a recent meeting involving former President Donald Trump.