Amazon founder and the world's fourth richest person, Jeff Bezos, sold 3.4 million Amazon shares worth £568.85 million ($768.9 million) based on the Thursday closing price of £164.43 ($222.26) per share. The stock sale was completed between 3rd and 9th July across four trades, according to the latest filings with the US Securities and Exchange Commission.
The financial changes took place a week after he married Lauren Sanchez, which was a three-day extravaganza in Venice costing an estimated £36.99 million ($50 million). Furthermore, Bezos also sold over £517.87 million ($700 million) of Amazon shares in June. However, he still holds over 901 million shares of the company worth over £147.96 billion ($200 billion), retaining his position as the largest shareholder with a 9% stake. Bezos has a net worth of £179.77 billion ($243 billion), according to the Bloomberg Billionaires Index.
