multiple filings with the United States Securities and Exchange Commission.” data-reactid=”19″>Amazon.com Inc. (NASDAQ: AMZN) Chief Executive Officer Jeff Bezos has sold about 1 million of his shares in the e-commerce company so far in August, according to multiple filings with the United States Securities and Exchange Commission.
The SEC filings said the transactions were “effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.”
The world’s richest person previously shed about $4.1 billion worth of Amazon shares between January and February this year.
reported the news.
TSLA) CEO Elon Musk’s SpaceX.
Bezos has also engaged in philanthropy over the years, including launching “Day One Fund,” an initiative to help homeless families and increase education access through preschools.
The Amazon CEO’s former wife Mackenzie Scott announced late last month she had donated about $1.7 billion of the money she got as part of a divorce settlement to a host of charities.
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