News > Jeff Bezos sells 1 million shares of Amazon worth over $3 billion

Jeff Bezos sells 1 million shares of Amazon worth over $3 billion

Amazon founder Jeff Bezos sold over $3 billion worth of shares in the company, according to media reports citing regulatory filings. Bezos remains the world’s richest person after selling some of his stock in Amazon, with Forbes pegging his net worth of $189.6 billion.

This is the third time in 2020 that the billionaire had sold Amazon shares, in transactions totalling more than $10 billion, lowering his stake in the company 10.6 per cent.