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Direct: President of Amazon, Jeff Bezos, has sold a portion of his $ 1.8 billion stake in the company in recent days, the first sale since April.
According to company data released on Wednesday, Bezos still has about $ 109 billion worth of Amazon stock at its opening price on Thursday at around $ 1,878.
According to Forbes, Bezos, the richest person in the world, has liquefied nearly $ 1 billion worth of Amazon stock each year to fund his Blue Orging project.
Last October, he announced his intention to spend "a little more" than that in 2019.
Founded in 2000 with full funding from Bezos, Blue Origin is targeting the first space flight with its New Shepherd rocket later in the year.
Amazon said second-quarter profits had increased less than expected, while profits had risen more than expected.
At 3:20 pm EST, Amazon was up 1.4% to 1892.66 USD.
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