Jeff Bezos sells $2 billion worth of his Amazon shares

Jeff Bezos sells $2 billion worth of his Amazon shares

Amazon boss Jeff Bezos has sold nearly 2 billion dollars worth of his shares in the online retailer this week, filings from the US Securities and Exchange Commission showed on Wednesday. Bezos has sold Amazon shares several times recently. In February and November 2020, he parted with shares worth a total of more than 7 billion dollars. The 57-year-old founded Amazon in 1994 and is still the largest individual shareholder in the company. Amazon was recently valued at 1.65 trillion dollars. Bezos himself is thought to be the richest man in the world, according to Forbes and Bloomberg Billionaires. He has an estimated wealth of more than 190 billion dollars. Bezos plans to give up his position as Amazon’s chief executive in the third quarter of this year and will become an executive chairman instead.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Idbragga

All author posts
Related Posts
I promised myself, not fans, Grammy – 9ice
I promised myself, not fans, Grammy – 9ice

9ice has said contrary to popular opinion, he never promised fans to win a Grammy award for them. In...

Okey Bakassi Speaks On Having Business With Iluminati
Okey Bakassi Speaks On Having Business With I...

Nigerian actor and comedian, Okey Bakassi has stated that he has no business with the Illuminati despite posting a...

Zinedine Zidane confirms Real Madrid exit
Zinedine Zidane confirms Real Madrid exit

Zinedine Zidane has decided to step down as Real Madrid coach with immediate effect, Spanish media reported on Wednesday....

Write A Comments