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
Actor Ali Nuhu Celebrates 15th Wedding Anniversary With Wife In An Unusual Way
Actor Ali Nuhu Celebrates 15th Wedding Annive...

Popular actor, Ali Nuhu, and his wife are celebrating their 15th wedding anniversary today March 14. The actor took...

How Being A Billionaire’s Child Is Affecting DJ Cuppy’s Career
How Being A Billionaire’s Child Is Affectin...

Twenty-five-year-old daughter of Nigerian billionaire Femi Otedola, Florence Ifeoluwa, aka DJ Cuppy is a global disc jockey and producer.t45grf...

Months after her arrest, Zlatan Ibile mocks Funke Akindele (See screenshot)
Months after her arrest, Zlatan Ibile mocks F...

Popular rapper, Zlatan Ibile has taken to Instagram to throw shades at veteran nollywood actress, Funke Akindele. According to the rapper, Funke...

Write A Comments