Bezos Sells More Amazon Stock to Take Proceeds to $2.8 Billion

Jeff Bezos sold an additional $1 billion worth of Amazon.com Inc. shares last week, shortly after cashing in $1.8 billion, stock exchange filings show.

He disposed of 532,120 shares on Thursday and Friday after selling nearly a million shares earlier in the week.

Read more: Bezos Sells $2 Billion of Amazon Stock After 4% Stake Transfer

We are primarily funded by readers. Please subscribe and donate to support us!

While last week’s disposals were his only sales of 2019, they were enough to make it his biggest-ever year of selling stock. Bezos sold $33 million worth of stock in 2018 and $2 billion in 2017. He still owns a 12% stake in Amazon, valued at about $100 billion.

Source

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.