Amazon founder Jeff Bezos says he will sell another 25 million shares in the technology giant, worth nearly $5bn (£3.9bn).
It comes after the company’s stock market value hit a record high on Wednesday.
In February, he announced that he would sell Amazon shares worth around $8.5bn.
That marked the first time since 2021 that Mr Bezos had sold Amazon shares.
The company’s shares have risen by more than 30% this year on expectations that growing demand for artificial intelligence (AI) technology will boost earnings at its cloud computing business.
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