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Bezos offloads $990 mn worth of Amazon stocks, total $2.8 bn in last week

The move comes as part of a previously announced 10b5-1 trading plan. Bezos had previously said he plans to sell stock worth about $1 billion each year to fund his rocket company, Blue Origin

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Jeff Bezos Amazon | Amazon Jeff Bezos | Jeff Bezos

Reuters 



Jeff Bezos
Jeff Bezos

Amazon.com Inc Chief Executive Officer offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total value of shares sold last week to $2.8 billion.

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First Published: Tue, August 06 2019. 09:21 IST

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