Jeff Bezos sells $1.8 billion Amazon shares

Update: 2019-08-01 16:29 GMT

San Francisco: In what could be his largest stock sell-off, Amazon Founder and CEO Jeff Bezos has cashed in $1.8 billion worth of the company's shares over the last three days of July, according to media reports.

After taxes, he would net about $1.4 billion, Forbes.com reported on Wednesday, citing filings by Bezos with the Securities Exchange Commission.

Between July 29 and July 31 Bezos sold a little over 900,000 shares of the e-commerce giant when its stock price was around $1,900 a share. 

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