General Amazon Company News

Jeff Bezos Sells One Million Amazon Shares Worth $3.1 Billion

Published

4 years ago

August 6, 2020

[whohit]Jeff Bezos Sells One Million Amazon Shares Worth $3.1 Billion[/whohit]Amazon founder and CEO Jeff Bezos sold $3.1 billion worth of Amazon shares in the first few days of August, according to documents filed with the Securities and Exchange Commission. After taxes, the billionaire will take home an estimated $2.4 billion.

His last large Amazon sell-off occurred in February, when he sold $1.7 billion worth of Amazon stock.

It is unclear why Bezos is selling these shares. In 2017, he stated at a space conference he would be selling $1 billion worth of shares every year to fund Blue Origin, his space exploration company.

Related Topics:JeffBezos money stocks

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Jeff Bezos Sells One Million Amazon Shares Worth $3.1 Billion

General Amazon Company News

Jeff Bezos Sells One Million Amazon Shares Worth $3.1 Billion

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