Amazon CEO Jeff Bezos sold the company's shares for $ 1bn a week

06 November 2017, 00:51 | Technologies
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The founder and head of the retailer Amazon Jeff Bezos in early November 2017 sold the company's shares for $ 1 billion. This is the first such transaction of Bezos for such a sum.

The head of Amazon periodically sells its shares for the past six years, usually giving away about a million securities. Now he has about 80 million shares of the company.

The last time such a deal was closed in May 2017, then Bezos sold the shares for $ 940.7 million. Since then, Amazon shares have grown and another sale of securities brought the head of the company more money than usual.



Where Bezos directs the funds received, it is not known - he does not have public charitable foundations, like Bill Gates, notes The Verge. The publication suggests that the money can go to finance the newspaper The Washington Post or the manufacturer of the Blue Origin missiles, which belong to the entrepreneur.

From the end of October 2017, Bezos is on the first place in the list of the richest people in the world according to Bloomberg. His fortune is estimated at $ 94.6 billion, the Bill Gates indicator, shifted to second place, is $ 88.4 billion.




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