Jeff Bezos Sells Over $4 Billion in Amazon Shares Following Move to Miami

The strategic sale comes as Bezos relocates to tax-friendly Florida, potentially saving over $600 million in taxes.

Jeff Bezos has sold over $4bn in Amazon shares, capitalizing on the company's strong performance.
The move is part of a planned sale of 50 million shares, following his relocation to tax-friendly Miami, Florida.
Bezos's move to Florida from Washington state could save him over $600 million in taxes.
The sale marks Bezos's first major stock sell-off since 2021, after Washington state introduced a capital gains tax.
Bezos now resides in Miami's exclusive Indian Creek, known as 'Billionaire Bunker', alongside other high-profile figures.