Bezos Sells $3.1 Billion In Amazon Stock
- 4 years ago
Amazon CEO Jeff Bezos sold more than $3.1 billion worth of his company's stock between Monday and Tuesday.
Business Insider reports the two-day selling spree surpassed the $2.8 billion worth of Amazon shares he sold through all of 2019.
Bezos' latest sales also bring his 2020 total windfall to roughly $7.2 billion.
Bezos still holds about 54 million shares, worth about $173 billion as of Wednesday's close.
The sales arrive days after Amazon trounced second-quarter estimates and surged in Friday trading.
Business Insider reports the two-day selling spree surpassed the $2.8 billion worth of Amazon shares he sold through all of 2019.
Bezos' latest sales also bring his 2020 total windfall to roughly $7.2 billion.
Bezos still holds about 54 million shares, worth about $173 billion as of Wednesday's close.
The sales arrive days after Amazon trounced second-quarter estimates and surged in Friday trading.