Amazon founder Jeff Bezos has reportedly sold USD 863 million worth of Amazon shares. While there has been no official announcement regarding the sale of Amazon shares, the development comes a few days after several news reports claimed that Jeff Bezos was planning to sell nearly USD five billion worth of shares in the e-commerce giant. The development was seen as a move by Bezos as the stock hit a record high of USD 200.43 during the session last week. Amazon Founder Jeff Bezos To Sell 50 Million Company Shares in Next 12 Months, Says Report.

Jeff Bezos Sells Amazon Shares

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