Bezos sells another $3 billion of Amazon shares
Jeff Bezos continues to accelerate his sale of his Amazon stock, selling another $3 billion this week.
In August, Bezos offloaded more than $3.1 billion of Amazon shares, after selling more than $4.1 billion worth of shares in February. The sales this week bring his total cash out in 2020 to more than $10.2 billion so far, which is a notable jump from 2019, when Bezos sold $2.8 billion worth of shares.
While Bezos had originally said these sales were for financing his space company, Blue Origin, it now appears that the bulk of this new money is aimed at funding environmental political organizations such as the Environmental Defense Fund, the Natural Resources Defense Council and the World Wildlife Fund.
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Jeff Bezos continues to accelerate his sale of his Amazon stock, selling another $3 billion this week.
In August, Bezos offloaded more than $3.1 billion of Amazon shares, after selling more than $4.1 billion worth of shares in February. The sales this week bring his total cash out in 2020 to more than $10.2 billion so far, which is a notable jump from 2019, when Bezos sold $2.8 billion worth of shares.
While Bezos had originally said these sales were for financing his space company, Blue Origin, it now appears that the bulk of this new money is aimed at funding environmental political organizations such as the Environmental Defense Fund, the Natural Resources Defense Council and the World Wildlife Fund.
I cannot thank the numerous people who so generously donated or subscribed to Behind the Black during this fund drive. The response was remarkable, and reflected the steady growth and popularity of the work I have been doing here for the past ten-plus years.
Thank you again!
Though the find-raising campaign is officially over, and I am no longer plastering the main page with requests for help, if you like what you have read you can still contribute, by giving either a one-time contribution or a regular subscription, as outlined in the tip jar below. Your support will allow me to continue covering science and culture as I have for the past twenty years, independent and free from any outside influence.
Regular readers can support Behind The Black with a contribution via paypal:
If Paypal doesn't work for you, you can support Behind The Black directly by sending your donation by check, payable to Robert Zimmerman, to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
If Bezos (or anyone) wants to control what happens on a plot of land, he should buy it. I hope that’s what he’s spending this money on but I suspect it’s to pay for lobbying efforts to force everyone into complying with the environmentalists’ agenda.
Point ONE: The more cash out Dollars realized in 2020′- the less assets taken by Kamala™n ’21°
If I were the richest man in the world (well…) and I found 90%+ of my fortune being put in the same basket of eggs, some logistics company, I would immediately order my financial manager to sell sell SELL! Buy anything that moves. By the way, buy the dead too!
“- What? Buy China? No, it’s overpriced. It will come down.”
So if Mr Amazon wants to save the earth why doesn’t he spend his billions converting his delivery trucks to electric?