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International Business Times UK

Business

Niloy Chakrabarti

Bezos Offloads £47M in Amazon Shares to Charities—A Generous Gesture or Smart Tax Strategy?

Jeff Bezos Amazon Blue Origin Florida SEC

According to the latest filing with the US Securities and Exchange Commission (SEC), Amazon founder Jeff Bezos gifted 296,182 shares of the tech giant worth £47.02 million ($60.71 million) to non-profit organisations.

The trades were executed over two days, starting on 3rd March, 2024. The filing revealed that after the donation, Bezos now owns over 909.41 million shares of Amazon (NASDAQ:AMZN). The latest donation adds to Bezos' billions of dollars worth of philanthropic contributions over the past years.

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Missouri woman accused of pointing gun at neighbour during property-line dispute

Missouri woman accused of pointing gun at neighbour during property-line dispute

A dispute over property lines in St. Charles County turned alarming when a neighbour was allegedly shot at. Facing felony charges, Paula Kohensky is at the center of this escalation tied to a fence repair matter. The ongoing tension between the neighbours is highlighted by surveillance footage that contradicts her…

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International Business Times UK

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump ‘border czar’ says Ilhan Omar could be ‘of course’ denaturalized and deported

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