Amazon CEO sells company shares worth $2.5B  

Amazon CEO sells company shares worth $2.5B   Amazon CEO Jeff Bezos this week sold shares nearly worth $2 billion in his company, according to filings with the Securities and Exchange Commission compiled by OpenInsider.
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May 6, 2021 16:36
Amazon CEO sells company shares worth $2.5B  

Amazon CEO Jeff Bezos this week sold shares nearly worth $2 billion in his company, according to filings with the Securities and Exchange Commission compiled by OpenInsider, Report informs referring to CNBC.

Bezos sold roughly $684 million worth of Amazon shares on May 4, the filings show, after unloading about $1.27 billion worth of stock on May 3. That means he’s sold about $1.95 billion worth of Amazon shares over the past two days.

Bezos is the richest man in the world with a fortune of $190 billion.

Amazon’s capitalization has remained virtually unchanged since the beginning of this year at $1.67 trillion, while the Standard & Poor’s 500 stock index rose 11 percent over this period.

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