In a May 2026 CNBC interview, Jeff Bezos said the AI investment boom may be funding plenty of bad ideas, but he sees that as part of the process ... Show more
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Key FactsBezos Selling Over $1 Billion in Amazon Stock
Nov 22, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: thestreet.com
Summary created with AI assistance · Source: thestreet.com
- Bezos has been selling a lot of Amazon shares in recent weeks to finance various projects.
- He may be planning to sell over $1 billion worth of shares to support his various companies.
- Bezos recently sold 1.67 million shares of Amazon worth about $240 million, but still owns over 988 million shares of the company.
- Since 2002, he has already sold about $30 billion worth of shares to finance his various projects.
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