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)
Honestly, in America, what do you do at this point other than just shake your head at this shit?
Wait for him to pull out at trillion in a few years.
And then watch as your retail coworker tells you with a straight face that he earned that money. Jeff Bezos, in his infinite wisdom, and with his divine mandate, knows what is best for his people.
Used to work at whole foods. My Co worker always complained about not getting a raise in years but would defend bezos in the same breath. I've met lots of people like this and they're always white dudes in their 40s
Literally had a Amazon factory worker turned Lyft driver tell me this.