Jeff Bezos Sold $1.7 Billion Worth Of Amazon Shares In Two Days

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Jeff Bezos Sold $1.7 Billion Worth Of Amazon Shares In Two Days
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Jeff Bezos sold over $1 billion worth of Amazon shares in 2 days. The last time he sold any of his Amazon shares was in August 2019 by AngelAuYeung

Jeff Bezos, billionaire founder and CEO of Amazon, sold $1.74 billion worth of Amazon shares on January 31 and February 3, according to documents filed with the Securities and Exchange Commission. After taxes, the e-commerce tycoon will net an estimated $1.3 billion.

It is unclear what Bezos sold the shares for, though the Amazon founder often sells at least $1 billion worth of his shares annually. In 2017, he told reporters at a space conference that he was selling $1 billion worth of his e-commerce company’s stock every year to fund Blue Origin, his space exploration company.

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