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New York Post
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Jeff Bezos' ex MacKenzie Scott slashes Amazon stake by $12.6B: report

1. MacKenzie Scott reduced her Amazon stake by 42%, worth $12.6 billion. 2. She now holds 81.1 million shares, down 58 million from last year. 3. Scott has donated over $19 billion since her divorce from Bezos in 2019. 4. Jeff Bezos now owns 9% of Amazon after selling over 100 million shares. 5. Experts believe Scott didn’t push for a larger stake to avoid investor concerns.

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FAQ

Why Neutral?

MacKenzie Scott's sale is substantial but within expected philanthropic trends, with no immediate negative implications for market sentiment. Historical instances like Steve Jobs' widow selling her holdings post-death did not significantly impact stock pricing.

How important is it?

Scott's significant stake reduction could invoke temporary concerns, but her past philanthropy behavior stabilizes perceptions. Also, Bezos' stake reduction aligns with broader market trends.

Why Short Term?

This stock activity is fresh news and may lead to slight volatility in the short term, but does not suggest long-term trends.

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