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
France and Spain submit complaint to FIFA over ‘disastrous’ World Cup sponsor
France and Spain submit complaint to FIFA ove...

Broadcasters in France and Spain have lodged complaints with FIFA over its decision to name ExpressVPN an official sponsor...

Timi Dakolo Reveals The Secret Of His Successful Marriage
Timi Dakolo Reveals The Secret Of His Success...

Nigerian singer, Timi Dakolo is happily married to his beautiful wife Busola Dakolo, and the marriage is blessed with...

Burna Boy celebrates after successfully flying a Helicopter
Burna Boy celebrates after successfully flyin...

Burna Boy has responded to claims that the President of Burkina Faso turned down his offer to perform a...

Write A Comments