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HomeAll newsMost read newsBusiness Leaders Biography
Birthday : 01/12/1964
Place of birth : Albuquerque - United States
Linked companies : Amazon.com, Inc.
Biography : Founder of Amazon.com, Inc., Explore Holdings LLC and Blue Origin LLC, Jeffrey P. Bezos currently is

Jeff Bezos sells Amazon stock worth $2.8 billion last week

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08/06/2019 | 05:36am EDT
JFK Presidential Library celebrates the 50th anniversary of the Moon landing

(Reuters) - Amazon.com Inc Chief Executive Officer Jeff Bezos offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total value of shares sold last week to $2.8 billion.

In the last three days of July, Bezos has sold stock worth about $1.8 billion, regulatory filings (https://www.sec.gov/Archives/edgar/data/1018724/000101872419000083/xslF345X03/wf-form4_156504082729937.xml) with the Securities and Exchange Commission showed.

Amazon declined to comment on Bezos' stock sale.

The move comes as part of a previously announced 10b5-1 trading plan. Bezos had previously said he plans to sell stock worth about $1 billion each year to fund his rocket company, Blue Origin.

Bezos' former wife, Mackenzie Bezos, who currently owns Amazon stake worth more than $37 billion, is now the online retailer's second largest individual shareholder.

(Reporting by Manojna Maddipatla in Bengaluru and Jeffrey Dastin in San Francisco; editing by Gopakumar Warrier)

Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM 0.57% 1777.43 Delayed Quote.17.67%
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