In IT, Innovation and Startups

Chris Kimble

Amazon CEO Jeff Bezos sells $ 2.8 billion in shares

Amazon CEO Jeff Bezos sells $ 2.8 billion in shares

Jeff Bezos from Amazon has sold $ 2.8 billion worth of shares of his company last week. This is the total amount after he sold $ 990 million last Thursday and Friday.

This is evident from data published by US SEC stock market regulator. During the first days of August, Bezos already sold shares worth $ 1.8 billion.

Amazon does not want to comment on the reason for the sales. The CEO of the company said earlier that he wanted to sell $ 1 billion worth of shares annually to finance his rocket company Blue Origin. Whether the recent sales are intended for this, has not been officially announced.