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Jeff Bezos Sells About $1.8 Billion Worth Of Amazon Shares In Three Days – Forbes

Jeff Bezos Sells About $1.8 Billion Worth Of Amazon Shares In Three Days – Forbes

Amazon founder and CEO, Jeff Bezos. (Photo by Mark RALSTON / AFP) (Photo credit should read MARK RALSTON/AFP/Getty Images)AFP/Getty ImagesOn Wednesday evening, hours after the stock markets had closed, Amazon founder and chief executive Jeff Bezos filed paperwork with the Securities Exchange Commission which showed he had sold $1.8 billion worth of Amazon shares over…

Amazon founder and CEO, Jeff Bezos.

Amazon founder and CEO, Jeff Bezos. (Portray by Impress RALSTON / AFP) (Portray credit would possibly well serene read MARK RALSTON/AFP/Getty Photos)

AFP/Getty Photos

On Wednesday evening, hours after the stock markets had closed, Amazon founder and chief executive Jeff Bezos filed bureaucracy with the Securities Alternate Rate which showed he had provided $1.8 billion worth of Amazon shares over the final three days of July. After taxes, he’ll rep about $1.4 billion.

Bezos provided a tiny bit more than 900,000 shares of Amazon between July 29 and July 31, when the e-commerce behometh’s stock label develop into as soon as round $1,900 a chunk. His rep worth is now $115 billion, utilizing Wednesday’s closing piece label.

The closing time that Bezos provided Amazon shares develop into as soon as in October 2018. 

The new filings appear to reward that Bezos has given his ex-wife MacKenzie 25% of his Amazon stake, or 19.7 million shares. In April, because the couple introduced they were getting divorced, Mackenzie tweeted that Jeff would care for 75% of his Amazon stake. Jeff Bezos will proceed to reveal balloting alter over the 19.7 million shares of Amazon he transferred to his wife, in protecting with an SEC submitting in April. Her Amazon shares are worth in relation to $36.8 billion, making her the third richest girl on the earth. 

A spokesman for Amazon has no longer answered to requests for comment. 

Jeff Bezos has provided massive chunks of Amazon stock outdated to, however this looks to be the largest sale, measured in bucks. Bezos provided Amazon stock worth $1.7 billion in 2017 in two separate transactions in Would possibly possibly possibly possibly additionally merely and November of that twelve months. It develop into as soon as reported that Bezos deliberate to sell $1 billion worth of stock yearly to fund Blue Foundation, his problem exploration company. 

Bezos has carried out tiny by technique of philanthropy to this level. In September 2018, he introduced the Bezos Day One Fund, a $2 billion pledge for 2 causes: helping homeless families glean shelter and growing Montessori-inspired preschools within the U.S. 

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Amazon founder and CEO, Jeff Bezos.

Amazon founder and CEO, Jeff Bezos. (Portray by Impress RALSTON / AFP) (Portray credit would possibly well serene read MARK RALSTON/AFP/Getty Photos)

AFP/Getty Photos

On Wednesday evening, hours after the stock markets had closed, Amazon founder and chief executive Jeff Bezos filed bureaucracy with the Securities Alternate Rate which showed he had provided $1.8 billion worth of Amazon shares over the final three days of July. After taxes, he’ll rep about $1.4 billion.

Bezos provided a tiny bit more than 900,000 shares of Amazon between July 29 and July 31, when the e-commerce behometh’s stock label develop into as soon as round $1,900 a chunk. His rep worth is now $115 billion, utilizing Wednesday’s closing piece label.

The closing time that Bezos provided Amazon shares develop into as soon as in October 2018. 

The new filings appear to reward that Bezos has given his ex-wife MacKenzie 25% of his Amazon stake, or 19.7 million shares. In April, because the couple introduced they were getting divorced, Mackenzie tweeted that Jeff would care for 75% of his Amazon stake. Jeff Bezos will proceed to reveal balloting alter over the 19.7 million shares of Amazon he transferred to his wife, in protecting with an SEC submitting in April. Her Amazon shares are worth in relation to $36.8 billion, making her the third richest girl on the earth. 

A spokesman for Amazon has no longer answered to requests for comment. 

Jeff Bezos has provided massive chunks of Amazon stock outdated to, however this looks to be the largest sale, measured in bucks. Bezos provided Amazon stock worth $1.7 billion in 2017 in two separate transactions in Would possibly possibly possibly possibly additionally merely and November of that twelve months. It develop into as soon as reported that Bezos deliberate to sell $1 billion worth of stock yearly to fund Blue Foundation, his problem exploration company. 

Bezos has carried out tiny by technique of philanthropy to this level. In September 2018, he introduced the Bezos Day One Fund, a $2 billion pledge for 2 causes: helping homeless families glean shelter and growing Montessori-inspired preschools within the U.S. 

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