Amazon Stock Shock: MacKenzie Scott Sells $12.6 Billion Stake — What’s Next?
MacKenzie Scott sold about 58 million Amazon shares over the past year, reducing her stake by 42% to 81.1 million shares, according to a Sept. 30 SEC filing. The divestment is valued at roughly $12.6 billion at current prices. Scott has donated over $19.25 billion since 2019 through her Yield Giving foundation. Amazon shares traded near $216 after the news.