advertisement
advertisement

Jeff Bezos is selling $1 billion worth of Amazon stock per year to fund his rocket company

With the Wednesday closing value of $909.28 of Amazon stock that means Bezos is selling almost 1,010,000 shares per year to fund Blue Origin, reports Reuters. But don’t worry about Bezos running out of liquidity anytime soon. He currently owns 16.95% of all Amazon shares, worth around $73.54 billion in total. 

advertisement
advertisement

With the Wednesday closing value of $909.28 of Amazon stock that means Bezos is selling almost 1,010,000 shares per year to fund Blue Origin, reports Reuters. But don’t worry about Bezos running out of liquidity anytime soon. He currently owns 16.95% of all Amazon shares, worth around $73.54 billion in total. 

About the author

Michael Grothaus is a novelist, journalist, and former screenwriter. His debut novel EPIPHANY JONES is out now from Orenda Books. You can read more about him at MichaelGrothaus.com

More