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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Jeff Bezos Gifts 1M Amazon Shares Worth $251M to Non-Profit Organizations

Jeff Bezos sold over $13 billion in Amazon shares in 2024 to fund his ventures and philanthropy. Photo: AFP / Mark RALSTON

Amazon founder Jeff Bezos has donated over one million Amazon (Nasdaq: AMZN) shares, valued at approximately $251 million (£190.5 million), based on Monday's closing price of $248.40 (£188.62) per share.

Bezos runs non-profit funds, foundations, and preschools focused on climate change and education. He has pledged billions of dollars over the years to various charitable initiatives aimed at sustainability and global development. This year alone, he has gifted millions of Amazon shares, including a major donation of 5.2 million shares between 14 and 28 August. He remains on track to match his record donations in 2024.

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