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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.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

4 comments

  • Michael Mangold

    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.

  • Alton

    Point ONE: The more cash out Dollars realized in 2020′- the less assets taken by Kamala™n ’21°

  • LocalFluff

    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.”

  • Foxbat

    So if Mr Amazon wants to save the earth why doesn’t he spend his billions converting his delivery trucks to electric?

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