"Jeff Bezos' $4 Billion Amazon Stock Sell-Off and Tax Savings After Miami Move"

Jeff Bezos has sold nearly $4 billion worth of Amazon stock this month, following the adoption of a trading plan that allows him to sell up to 50 million shares before January 31, 2025. This move comes after his recent relocation from Seattle to Miami, which could potentially be linked to tax savings, as Florida does not have state taxes on capital gains, unlike Washington. Bezos, currently the world's second-richest person, stands to save at least $610 million in taxes from the planned stock sales.