CNBC: Bezos received $10.2B from Amazon’s shares sale in 2020

This week, Jeff Bezos received over $ 3.1B after selling shares of his corporation. This was announced on Wednesday by CNBC TV channel referring to notices sent to the US Federal SEC.

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CNBC: Bezos received $10.2B from Amazon’s shares sale in 2020 © The Strategist

These documents show that the CEO of Amazon received $ 3.1B after selling Amazon securities in August and more than $ 4.1B – in February.

Including this week, the wealthiest man on the planet has generated over $ 10.3 bln in stock sales this year, up from $ 2.8B last year.

Amazon’s third-quarter revenue was $ 96.1B, up 37% from $ 70B in the same period last year.

Profit reached $ 6.3B, or $ 12.37 per share. Sales in North America were up 39% and worldwide sales were up 37%.

Amazon is the largest online trading company in the world . It was founded in 1994 by Bezos. The market cap of the firm is now stands at about $ 1.52 trillion.

source: cnbc.com

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