Jeff Bezos continues to purge himself of the project that made him the international billionaire superstar he is today. Since July of this year, Jeff Bezos has unloaded more than $4.4 billion worth of Amazon stock, which includes the most recent purging of $1.4 billion. So far, he has unloaded more than $2.7 billion worth of Amazon stock in November alone.
Jeff Bezos Sells $1.2 Billion Worth of Amazon (AMZN) Stock – GuruFocus.com
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Recently filed documents with the U.S. Securities and Exchange Commission (SEC) reveal that Amazon founder Jeff Bezos has sold Amazon (AMZN, Financial) shares valued at $1.2 billion. These transactions took place on two separate days, increasing his total stock sales for November to $2.7 billion.
Since July, Bezos has sold a total of $4.4 billion worth of Amazon shares. These sales are in line with a trading plan he submitted in March of this year.