Jeff Bezos Cashes out Over $3 Billion in Amazon Shares
- 4 years ago
Jeff Bezos Cashes out, Over $3 Billion, in Amazon Shares.
According to recent filings with
the Securities and Exchange Commission.
the Amazon CEO offloaded more than
$3 billion worth of shares this week. .
Bezos previously sold more than
$4.1 billion worth in February and
more than $3.1 billion worth in August. .
His total cash-out in 2020 is now
more than $10.2 billion so far. .
That’s a notable jump from 2019,
during which he only sold $2.8 billion
worth of Amazon shares. .
Bezos still owns more than 53 million shares
of Amazon, which are valued at nearly $170 billion.
Bezos has previously said that
he sells Amazon stock to fund
his rocket start-up, Blue Origin. .
In addition, the funds are likely going
toward the $10 billion Earth Fund he
launched in February 2020.
The fund issues grants to scientists,
activists and organizations that are
working to fight climate change.
According to recent filings with
the Securities and Exchange Commission.
the Amazon CEO offloaded more than
$3 billion worth of shares this week. .
Bezos previously sold more than
$4.1 billion worth in February and
more than $3.1 billion worth in August. .
His total cash-out in 2020 is now
more than $10.2 billion so far. .
That’s a notable jump from 2019,
during which he only sold $2.8 billion
worth of Amazon shares. .
Bezos still owns more than 53 million shares
of Amazon, which are valued at nearly $170 billion.
Bezos has previously said that
he sells Amazon stock to fund
his rocket start-up, Blue Origin. .
In addition, the funds are likely going
toward the $10 billion Earth Fund he
launched in February 2020.
The fund issues grants to scientists,
activists and organizations that are
working to fight climate change.