Amazon Founder and CEO Jeff Bezos (Photo by Mark RALSTON / AFP) (Photo credit should read ... [+] MARK RALSTON/AFP via Getty Images) AFP via Getty ImagesJeff Bezos, founder and CEO of Amazon, sold over 800,000 shares of Amazon for $1.65 billion on February 4 and February 5. After taxes, he will net $1.26 billion. Less than two months into the new decade, Bezos, the richest man in the world, has sold $3.5 billion worth of Amazon shares (pre-tax), lowering his stake in his e-commerce giant to 11.2% ​from 11.6%. A representative for Amazon declined to comment on the latest sales.

Source: Forbes February 06, 2020 22:41 UTC