{"id":105596,"date":"2020-11-05T18:11:57","date_gmt":"2020-11-05T15:11:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/jeff-bezos-sells-another-3-billion-in-amazon-stock\/"},"modified":"2020-11-05T18:11:57","modified_gmt":"2020-11-05T15:11:57","slug":"jeff-bezos-sells-another-3-billion-in-amazon-stock","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/jeff-bezos-sells-another-3-billion-in-amazon-stock\/","title":{"rendered":"#Jeff Bezos sells another $3 billion in Amazon stock"},"content":{"rendered":"

“#Jeff Bezos sells another $3 billion in Amazon stock<\/strong>”
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\n Jeff Bezos sold another $3 billion worth of Amazon stock this week as his e-commerce empire\u2019s share price continued to soar.<\/p>\n

The tech tycoon dumped 1 million Amazon shares over seven trades on Monday and Tuesday in his third batch of stock sales so far this year, Securities and Exchange Commission records show.<\/p>\n

The pre-planned transactions netted Bezos, 56, about $3.02 billion and left him with some 53.4 million shares of Amazon worth more than $173 billion as of Wednesday \u2014 leaving his status as the world\u2019s richest man comfortably intact.<\/p>\n

Bezos has dumped Amazon shares at a much faster pace in 2020, a year that has seen the Seattle-based company\u2019s stock price surge more than 75 percent as the coronavirus pandemic sparked an explosion in online shopping.<\/p>\n

He\u2019s raked in more than $10.2 billion from selling 3 million shares this year, including previous sales in August and in the days after Amazon\u2019s late January earnings report. That\u2019s up from 1.5 million shares last year and about 2 million in 2017 and 2018 combined, according to data compiled by OpenInsider<\/a>.<\/p>\n

Bezos has said he would sell at least $1 billion worth of Amazon shares to fund his space-exploration startup, Blue Origin, which aims to ferry tourists into space and launch a satellite internet network \u2014 much like fellow billionaire Elon Musk\u2019s SpaceX.<\/p>\n

Bezos also announced in February that he would commit $10 billion to fighting climate change through a new \u201cBezos Earth Fund,\u201d which has so far committed up to $700 million to several environmental nonprofits, according to The Atlantic<\/a>.<\/p>\n

Bezos\u2019 Amazon stake accounts for more than 90 percent of his $191 billion fortune, according to Bloomberg\u2019s Billionaires Index. The rest comes from his ownership of Blue Origin and the Washington Post news<\/a>paper, plus cash and other assets.\n <\/p><\/div>\n

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“#Jeff Bezos sells another $3 billion in Amazon stock” Jeff Bezos sold another $3 billion worth of Amazon stock this week as his e-commerce empire\u2019s share price continued to soar. The tech tycoon dumped 1 million Amazon shares over seven trades on Monday and Tuesday in his third batch of stock sales so far this…<\/p>\n","protected":false},"author":1,"featured_media":105597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/11\/bezos-blue-origin-3b.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[78543,2758,70971,71631,70359],"class_list":["post-105596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-11-5-20","tag-amazon","tag-billionaires","tag-jeff-bezos","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/105596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=105596"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/105596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/105597"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=105596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=105596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=105596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}