Amazon Stock Shock: MacKenzie Scott Sells $12.6 Billion Stake — What’s Next?
Scott’s Big Stake Sale Billionaire philanthropist MacKenzie Scott (former wife of Amazon founder Jeff Bezos) has significantly cut her Amazon.com (AMZN) holdings. A Bloomberg report on Oct. 14 noted that Scott reduced her stake by 42% over the past year, citing a new SEC filing bloomberg.com. The filing (dated Sept. 30) shows Scott now owns about 81.1 million Amazon shares, down roughly 58 million from a year earlier. At Amazon’s market price, that divestment is worth about $12.6 billion bloomberg.com tipranks.com. It isn’t clear whether those shares were sold on the open market or donated to charity – Scott’s filings simply report the