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Bezos Sells $3.1 Billion In Amazon Stock

Video Credit: Wochit - Duration: 00:29s - Published
Bezos Sells $3.1 Billion In Amazon Stock

Bezos Sells $3.1 Billion In Amazon Stock

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.


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