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)

      • thefunkycomitatus [he/him,they/them]
        ·
        4 years ago

        It's manifest destiny without any real drawbacks like fighting an indigenous population or be scolded for ruining the environment. They get to be the founders of a new world, and live forever in history. They get to go to a place without law or culture and completely define it themselves. No regulations, no labor movements, none of that stuff. Just a big blank slate to build a capitalist monarchist theocracy on. Where the godking is the founder/CEO and the religion is doing labor and dying on a barren rock for the stock prices.

      • CoralMarks [he/him]
        ·
        4 years ago

        I say it is childhood nostalgia combined with delusions of grandeur.

      • Phish [he/him, any]
        ·
        edit-2
        4 years ago

        Because they want the best for humanity. They want to save us in the event earth becomes uninhabitable. They want to search the stars for resources to bring back for the benefit of their fellow humans. They feel a deep seeded responsibility to...

        Ah fuck I can't keep this up. They want to exploit it all for financial gain. It's a massive area with very few competitors, limited to no real regulation, and untold commercial potential. That, and they think they can escape when things get so bad we're literally eating the fucking rich down here