Bezos Sells $3.1 Billion of Amazon Stock After Wealth Surge

(Bloomberg) — Jeff Bezos has trimmed his stake in Amazon.com Inc. by selling stock worth more than $3.1 billion.The richest person in the world sold about 1 million shares, according to Securities and Exchange Commission filings. Earlier this year he sold 2 million shares, worth $4.1 billion at the time, as part of a pre-arranged trading plan.For Bezos, 56, this year has been a reversal from years of relative restraint in reducing his holding in Amazon. He still holds more than 10% of the company and is worth $189.8 billion, according to the Bloomberg Billionaires Index. His fortune has surged …read more

Source:: Yahoo Finance

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