Block of shares sold: Amazon boss Bezos cashes in

Block of shares sold: Amazon boss Bezos cashes in
Block of shares sold: Amazon boss Bezos cashes in

The Amazon group is considered a big winner in the corona pandemic. The share price has risen by around 70 percent since the beginning of the year. Amazon boss Jeff Bezos uses this to sell stocks and make billions.

Does the richest man in the world need money? By that year, Bezos had sold over $ 10.2 billion worth of Amazon shares. This emerges from mandatory reports to the US Securities and Exchange Commission.

On Wednesday it became known that the Amazon boss had sold shares again – worth more than three billion dollars. Bezos did not reveal what he was planning to do with the billions.

The richest person in the world

With an estimated fortune of around 190 billion dollars, Bezos is the richest person in the world according to “Forbes” and “Bloomberg Billionaires” – by far ahead of Microsoft founder Bill Gates and boss Mark Zuckerberg. Other media such as the “Bild” newspaper report that Bezos is said to have already over 200 billion dollars on the high edge. Amazon last had a market value of $ 1.6 trillion.

More course information on Amazon

Bezos took the divorce from his wife MacKenzie Scott easily financially. Scott got four percent of the Amazon stock. The block of shares is now worth a good $ 70 billion. That makes her the richest woman in the world.

Assets still grew in the corona crisis

In the Corona crisis, the assets of Bezos, Gates, Zuckerberg & Co increased even further. The wealth of Amazon boss Bezos alone increased by a good 36 billion dollars. The total wealth of American billionaires has increased more than 19 percent, or half a trillion dollars, since the pandemic broke out in the United States, according to a study published in June by the Institute for Policy Studies (IPS).

Aid organizations are demanding that billionaires like Bezos donate more of their money. Bezos should help in the fight against hunger, said the head of the World Food Program (WFP) of the United Nations, David Beasley. “I’m not against people making money,” he said. “But humanity is facing the greatest crisis we have ever seen in our lives.” It is time for those who have the most to step forward and help those who have the least in this extraordinary time in world history, “said Beasley.



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