Home Uncategorized Jeff Bezos sells more than 3bn in Amazon stock

Jeff Bezos sells more than 3bn in Amazon stock

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Amazon founder and CEO Jeff Bezos has sold more than 3bn worth of Amazon stock, after the companys share price surged 36 in the past three months and 73 in the yeartodate. That adds to the 4.1bn in stock he sold earlier this year, per CNBC, although his remaining 170bn stake still makes him the richest person in the world. The sales eclipse the amount of stock he unloaded last year, and the level is well beyond the 1bn worth he said he would be selling annually to fund space exploration company Blue Origin.