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
Real Madrid confirm one positive COVID-19 case as Champions League looms
Real Madrid confirm one positive COVID-19 cas...

Real Madrid forward Mariano Diaz has contracted COVID-19. This was discovered after the Real Madrid conducted COVID-19 test on...

Rap icon Shock G’s cause of death revealed
Rap icon Shock G’s cause of death revealed

Digital Underground founding member Shock G’s cause of death has been revealed, months after the rap icon died at...

Tobi Bakre Reacts To Accusations of Animal Cruelty
Tobi Bakre Reacts To Accusations of Animal Cr...

Tobi Bakre has reacted after he was accused of animal cruelty when he had a photoshoot with a white...

Write A Comments