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Home / Business / Jeff Bezos just sold $ 1.8 billion of Amazon stock. Here's why

Jeff Bezos just sold $ 1.8 billion of Amazon stock. Here's why



New York (CNN Business) Jeff Bezos has sold more than $ 1.8 billion in shares as the world's richest person continues to sell his Amazon stake to fund his aerospace venture.

Bezos has said that he sells about $ 1 billion a year to finance the space company Blue Origin, and he promised to sell more than $ 1 billion this year as Blue Origin gets closer to commercial operations.

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