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Jeff Bezos sells over $3.1 billion worth Amazon shares

Amazon CEO Jeff Bezos has sold over $3.1 billion worth of Amazon shares this week. This has taken his total cashout in 2020 so far to a massive $7.2 billion. In 2019, Bezos had sold $2.8 billion worth of Amazon shares. 

India TV Business Desk India TV Business Desk
Washington Published on: August 06, 2020 10:28 IST
Jeff Bezos sells over $3.1 billion worth Amazon shares
Image Source : AP

Jeff Bezos sells over $3.1 billion worth Amazon shares

Amazon CEO Jeff Bezos has sold over $3.1 billion worth of Amazon shares this week. This has taken his total cashout in 2020 so far to a massive $7.2 billion. In 2019, Bezos had sold $2.8 billion worth of Amazon shares. 

Amazon had published its second-quarter 2020 results last week wherein the retain giant had reported sales of $88.9  billion. 

Amazon's net profit had doubled to $5.2 billion. 

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