Jeff Bezos ‘aggressive’ again Tuesday selling more Amazon stock after unloading shares last week, sources say
Jeff Bezos is expected to be “aggressive” in selling more shares of Amazon on Tuesday, sources told CNBC’s David Faber.
Bezos may sell as many as 8 million to 10 million shares, which would amount to more than $1 billion worth of stock, the sources told Faber.
It comes after Bezos last week unloaded about $240 million worth of Amazon shares, according to financial filings. The transactions were marked as contributions to nonprofit organizations, the filing states.
It’s unclear who Bezos donated the shares to. A representative for Bezos didn’t immediately respond to a request for comment.
Bezos — who is the third-richest person in the world, with a net worth of around $170 billion, according to Bloomberg — still owns about 988 million Amazon shares, which amounts to a nearly 10% stake in the company.
Source: X
