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Amazon boss Jeff Bezos will sell a surprising number of shares in 2020. The founder of the world’s largest internet retailer sold more than $ 3 billion in shares in his company this week. This emerges from the mandatory reports to the US Securities and Exchange Commission. According to SEC data, Bezos has already grossed over $ 10.2 billion in Amazon stock this year.
The exact reasons for the current sale are unclear. In the past, however, he had already announced that he would invest a billion dollars a year in his startup “Blue Origin”. It also plans to invest billions to address the consequences of climate change. “The Atlantic” reported this week that Bezos wanted to give several environmental organizations $ 100 million each.
$ 1.6 trillion in market value
The 56-year-old entrepreneur founded Amazon in 1994 and is still the largest single shareholder in the largest internet retailer in the world. With an estimated fortune of around $ 190 billion, Bezos is the richest person in the world, according to Forbes and Bloomberg Billionaires. Amazon last had a market value of $ 1.6 trillion.
There were also major stock moves in 2019 after Bezos divorced MacKenzie Scott. The ex-wife of the Amazon boss then received shares worth $ 36 billion. As a result of the dues obtained through divorce, which are still worth much more today, Scott has become the richest woman in the world.
After the divorce from Bezos, Scott announced he would donate at least half of his billion dollar fortune. He joined “The Giving Pledge”, as the organization had announced at the time. The signatories undertake to donate at least half of their assets for charitable purposes during their lifetime or at their own will.
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