The reason, where Bezos decided to sell shares, Unclear, but the founder Amazon often sells his papers worth at least $1 billion annually. At a press conference on space in 2017 year he told reporters, that every year he arranges a stock sale of his e-commerce company at $1 billion to fund Blue Origin, space explorer.
Last major sell-off Amazon occurred in July and August 2019 of the year, when Bezos sold nearly $2,8 billion (before taxes).
Press secretary Amazon declined to comment on the sale.
- In the preparation of this news, materials from Forbes were used.
