Chairman, CEO and President Jeffrey P. Bezos sold 1,000,000 shares for $3,022.84, generating $3.02 billion from the sale.
Other notable Amazon Insider Sales:
CEO Amazon Web Services Andrew R. Jassy sold 6,945 shares for $3,061.74, generating $21.26 million from the sale. CEO Worldwide Consumer Jeffrey A. Wilke sold 2,000 shares for $3,011.40, generating $6.02 million from the sale. These shares were sold indirectly through a trust. Director Jonathan Rubinstein sold 329 shares for $3,061.74, generating $1 million from the sale.
Jeff Bezos has been a big seller of Amazon.com stock this year, starting with a large 2 million shares sale worth $4.07 billion in February and then another 1 million shares sale in August worth $3.13 billion, as you can see here. In total, he sold 4 million shares worth $10.22 billion this year. To put this in perspective, the median market cap of the 505 constituents of the S&P 500 index is $22.34 billion. He sold 1.5 million shares worth $2.83 billion last year and just 20,164 shares in 2018.
(from SeekingAlpha)
How can this alone not radicalize anyone with a brain that makes less than 100k a year? I get stumped for words sometimes because it feels like nothing needs to be said. Just look!
a bone deep belief that jeffy b deserves it, and that taking his shit from him would make everyone worse off
Eh, many people don't care whether he deserves it or not. They understand that some asshole having hundred of billions doesn't stop them from enjoying the middle class lifestyle (they might or might not deserve) and think any attempt to radically change the system has a possibility of harming them.
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The difference between $4 billion and $100k is insane. For every $1 earned by a person with a $100k salary, Bezos got $40k.