Report: Bezos Sold More Than 600K Shares Of Amazon Stock Last Week

Jeff Bezos, CEO and founder of Amazon, talks about the $499 price point of the new Amazon Kindle Fire HD, compared to the competition's at nearly $1,000, in Santa Monica, Calif., Thursday, Sept. 6, 2012. (AP Photo/Reed Saxon)
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The soon-to-be-owner of the Washington Post and founder of Amazon sold 614,938 shares of his company’s stock last week for a return of about $185 million, according to Quartz.

The Post Co. announced Monday that Bezos would be buying its flagship paper for $250 million in cash, which may be a reason for the stock sale.

Wired’s Tim Carmody first spotted the sale of the stocks last week.

 

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