Jeff Bezos sold 1 million Amazon shares worth $3.1 billion by AngelAuYeung
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Commercial and Administrative Law hearing on Online Platforms and Market Power in the Rayburn House office Building, July 29, 2020 on Capitol Hill in Washington, DC. The committee was scheduled to hear testimony from the CEOs of Apple, Facebook, Amazon and Google. Amazon founder and CEO Jeff Bezos sold $3.1 billion worth of Amazon shares in the first few days of August, according to documents filed with the Securities and Exchange Commission.
Since then, he’s made other commitments. He made a $2 billion pledge in September 2018 for the Bezos Day One Fund, which supports nonprofits focused on providing relief for homeless families as well as building a national network of Montessori-inspired preschools. Since the announcement, Bezos has given away nearly $200 million to homeless-focused nonprofits.
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