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
I miss my mum – Funke Akindele
I miss my mum – Funke Akindele

Funke Akindele has said she misses her mum Posting a photo of herself hugging her mum, she wrote: “I...

BB Naija 2018 Winner Miracle Receives His 25 Million Naira Cash Prize And More
BB Naija 2018 Winner Miracle Receives His 25 ...

After a week of the media tour, BB Naija 2018 winner Miracle is ready to cash out his win....

Premier League footballers ‘are FIXING matches’
Premier League footballers ‘are FIXING matc...

The former head of an international crime investigation unit has claimed Premier League players are guilty of match-fixing. Fredrik...

Write A Comments