Bezos continues selling spree, unloads $4 bn of Amazon stock in a week

Jeff Bezos continued his selling spree.

Amazon.com’s founder and chief executive officer disposed of two million shares in the past week, collecting more than $4 billion, according to regulatory filings. His latest sales were disclosed on Friday as the company’s stock hit fresh highs.

The transactions are part of a pre-arranged trading plan. An Amazon spokesman declined to comment.

That brings Bezos’s total stock sales to more than $14 billion, with the majority occurring in the past four years, according to calculations by Bloomberg. Bezos, 56, said in 2017 that he was selling about $1 billion a year in Amazon stock to fund