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The president and CEO of Amazon, Joseph Bezos, sold his name to his company for $ 1.8 billion, which represents the largest sales of his company since its inception. at 20 years.
Bezos sold approximately 960,000 shares valued at $ 1,900 during the last three days of July, the company said in a stock market announcement.
The amount sold by Bezos represents approximately 1.6% of the total shares held by the company. Mr. Bezos also sold 19.7 million shares of his company to his former wife, making this company the second largest company with significant holdings. The share of his ex-wife McKinsey's business is valued at $ 37 billion.
He did not explain why the shares had been sold. These shares were sold via the automated sales system on a predetermined date, so that the stock price was not affected.
Political experts consider the sale of shares by CEOs is a bad sign, but Bezos has many companies, including Space Exploration and the Washington Post, which has so much to do with the liquidity that he has obtained by selling part of his participation. In the Amazon.
Bezos could use some of the money to finance his Blue Origne company, specializing in space exploration.
Bezos said earlier that he would wind up the $ 1 billion equivalent of his stake in Amazon each year to fund Blue Origne. It is also possible that Bezos will pay some or all of this amount.
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