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 - @Braggamando

All author posts
Related Posts
Super Eagles maintain 39th position in latest FIFA ranking
Super Eagles maintain 39th position in latest...

The Super Eagles of Nigeria maintained 39th position in the latest FIFA World ranking that was released on Thursday,...

Ex-Morocco & Marseille midfielder d!es aged 35
Ex-Morocco & Marseille midfielder d!es ag...

Former Morocco and Marseille midfielder Abdelaziz Barrada has d!ed at the age of 35 The cause of de.ath has not...

Burna Boy and Girlfriend, Stefflon Don step out in style at the 2019 BET Awards
Burna Boy and Girlfriend, Stefflon Don step o...

Burna Boy and Girlfriend, Stefflon Don step out in style at the 2019 BET Awards

Write A Comments