Jeff Bezos Sold USD 863 Million Worth of Amazon Shares, Says Report

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.

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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. JUST IN: Jeff Bezos has sold $863 million worth of Amazon shares — The Spectator Index (@spectatorindex).