Jeff Bezos sells more than $3bn worth of Amazon shares

AMAZON CEO Jeff Bezos has sold more than $3 billion worth of Amazon shares after accelerating his stock sales in the last year.

The sales bring his total cash out in 2020 to more than $10.2 billion so far, which is a notable jump from 2019 when Bezos sold $2.8 billion worth of shares.

Bezos has previously said he sells about $1 billion of Amazon stock each year to fund his rocket start-up, Blue Origin.

Even with the latest stock sale, Bezos still owns more than 53 million shares worth nearly $170 billion, making him the richest person in the world.

CNBC

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