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

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.

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