Home Business Bezos sells $ 3.3 billion in Amazon shares in a week!

Bezos sells $ 3.3 billion in Amazon shares in a week!

Amazon billionaire founder Jeff Bezos sold $ 1.3 billion worth of shares on Friday, adding to sales of nearly $ 2 billion earlier this week.

The second richest person in the world sold a total of 39,150 shares under a predetermined sale scheme, according to documents from the Securities and Exchange Commission, with the latest sale bringing the value of the Amazon shares sold by Bezos. questyear at $ 9.9 billion.

Bezos’ share in Amazon is around 10% and its fortune is $ 202.4 billion, according to the Bloomberg Billionaires Index. The sale was intended to finance his missile company, Blue Origin, and, more recently, his charitable work, using part of his Amazon fortune.

The previous round of sales came this week after he pledged to donate $ 2 billion to the Bezos Earth Fund’s efforts to restore nature and transform food systems. The fund, which was created last year, said it will start with $ 10 billion in funding.

The Amazon founder stepped down as CEO on July 5, leaving the reins to Andy Gacy, the former head of Amazon’s cloud computing business.

Bezos’ fortune has grown since he stepped down, rising from around $ 180 billion at the time as Amazon shares continue to rise.

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