Thursday, 1 August 2019

Jeff Bezos Cashes in $1.8 Billion of Amazon Stock, Will Keep $1.4 Billion After Taxes

Jeff Bezos, the founder of Amazon and the world’s richest person, has cashed in $1.8 billion worth of Amazon shares, according to filings with the Securities and Exchange Commission submitted last night. Bezos will keep an estimated $1.4 billion from the sale after taxes, based on calculations by Forbes magazine.

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