Jeff Bezos sold $671 Million of Amazon stock in largest sale ever
- 8 years ago
Amazon founder and CEO Jeff Bezos just sold sold one million shares of his holdings in the company for $671 million this week, according to a filing with the Securities and Exchange Commission By selling this week, after Amazon’s blow out April 28 earnings report, Bezos benefited from the big run up in Amazon’s stock price Amazon shares increased as much as 13 percent two days after the earnings report revealed revenue had jumped 28 percent in the first quarter and profit hit $513 million from a loss of $57 million a year earlier