Jeff Bezoz had earlier stated, he would be selling stock every year to fund Blue Origin.
As of last Friday, Amazon.com Inc’s Chief Executive Officer Jeff Bezos has sold $990 million worth of shares in the company and made a total of $2.8 billion.
According to a regulatory filing with the Securities and Exchange Commission, in the last three days of July, Bezos had sold shares worth around $1.8 billion.
Amazon declined to comment on Bezos’ sale of Amazon.com Inc’s shares.
Previously, Bezos had said he plans to sell stock worth about $1 billion each year to fund Blue Origin, his space touring company.
Mackenzie Bezos, Bezos’ former wife, currently owns Amazon stock worth more than $37 billion.
She is Amazon.com Inc’s second largest individual shareholder.