Amazon founder Jeff Bezos plans to sell an additional 25 million shares in the company over the coming year, reports CNBC. At the current valuation, this means shares equivalent to 45.9 billion kronor.
Amazon's profit exceeded expectations in this week's interim report, but simultaneously flagged uncertainties ahead linked to President Donald Trump's decision on heavy trade tariffs, primarily for goods from China.
Jeff Bezos, one of the world's richest, left the post of CEO for Amazon in 2021 but is still the company's largest shareholder.
Last year, he sold shares in the company worth equivalent to 130 billion kronor.