Jeff Bezos Cashes in $1.8 Billion of Amazon Stock, Will Keep $1.4 Billion After Taxes
Jeff Bezos, the founder of Amazon and the world's richest person, has cashed in $1.8 billion worth of Amazon shares, according to filings with the Securities and Exchange Commission submitted last night. Bezos will keep an estimated $1.4 billion from the sale after taxes, based on calculations by Forbes magazine.