Amazon CEO Jeff Bezos just sold $534 million worth of company's stock

Amazon CEO Jeff Bezos just sold off more than 1 million shares of the company he founded. The stock sale, which was reported in a Securities and Exchange Commission filing, netted Bezos $534 million. He still holds nearly 83 million shares worth about $44.5 billion. CEOs frequently sell stock and buy stock on a regular schedule, but this sale, first reported by the Seattle Times, is far more than Bezos typically sells. Last year, he sold $351 million worth of Amazon (Nasdaq: AMZN) stock and the…
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