On February 2, local time, Amazon's founder Bezos announced plans to sell 50 million shares of the company's stock before January 31, 2025, according to a 10-K form submitted to the Securities and Exchange Commission (SEC). Based on the current stock price, the value is approximately 8.6 billion US dollars. Amazon previously announced that its net sales for the fourth quarter of 2023 were close to $170 billion, a year-on-year increase of 14%, driving up its stock price by about 8% to $172. According to the Bloomberg Billionaires Index, Bezos's wealth has also increased significantly, increasing by nearly $13 billion on Friday, lagging behind the top ranked Musk by about $5.7 billion.