Jeff Bezos Sells Nearly 12 Million Amazon Shares Worth at Least $2 Billion ...Middle East

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Jeff Bezos Sells Nearly 12 Million Amazon Shares Worth at Least $2 Billion
source : Time ( Middle East ) () 24
SEATTLE — Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion. The Amazon executive chairman notified the U.S. Securities and Exchange Commission of the sale of 11,997,698 shares of common stock on Feb. 7 and Feb. 8. The collective value of the shares of Amazon, which is based in Seattle where he founded the company in a garage about three decades ago, was more than $2.04 billion, according to the listed price totals. The stocks were grouped in five blocks between 1 million and more than 3.2 million. In a separate SEC filing, Bezos listed the proposed sale of 50 million Amazon share

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