Bezos sells $2.4 billion of Amazon in second wave this week
Jeff Bezos sold $2.4 billion of Amazon.com Inc. stock, bringing the amount he’s unloaded this week to almost $5 billion.
Bezos sold 739,032 shares under a pre-arranged trading plan, according to U.S. Securities and Exchange Commission filings, days after he disposed of an identical amount. He said earlier this week in a filing that he plans to sell as many as 2 million shares.
The world’s richest person continues to hold more than 10 per cent of Amazon, the primary source of his $192.1 billion fortune, according to the Bloomberg Billionaires Index.
In the 15 years after Amazon went public in 1997, Bezos sold about a fifth of the online retailer for roughly $2 billion.