Bezos sells more than $3.1B in Amazon shares

Amazon founder and CEO Jeff Bezos has sold over $3.1 billion worth of the company’s shares this week, according to documents filed with the US SEC.

Following tax deductions, the world’s richest man will take home an estimated $2.4 billion, Forbes reported. Bezos had earlier said he would be selling $1 billion worth of Amazon shares every year to fund Blue Origin, his space exploration company.