Jeff Bezos sold $3.4bn of Amazon stock just before Covid-19 collapse

Millions of people across the world have lost their jobs, and trillions of dollars have been wiped off the value of stock markets.

Twitlertwit Owning billions is not natural. Disagree if you wish, but you are wrong. Extreme personal ownership is an abomination. Ownership of billions violates all the laws of nature. BillionairesTax TaxTheRich

He is a capitalist, and smart. He operated from the current news of that time - and how travel had been cut-off from China end-of-January to the USA. He also sold a bunch of stock in the summer of 2019. So it is not a new thing. People get news...they take action on their stocks.

Of course he did.

Seeing as how his exwife stole $36b from him it makes sense he would be trying to build himself back up

Congratulations good sir

What a surprise, like he predicted covid! Conspiracy theory comes to light

He is a business man, what do expect.

Just like Burr. The rich and powerful obviously got some info before this all kicked off.

RupertNeate When did Bezos file his Form 144 for the sale? It must have been months before the market collapse. There couldn't have been much insider information at that time.

He bought a really expensive house in Feb. & If he was following the news in China (and why not, WaPo?) It seems like good timing

Smells fishy... Also hoarding amounts of money assets in the 3,4,5 billions is sociopathic

Seems legit

... because he would become poor if he didn't sell it?

So he did it because Amazon’s business model would be a victim of the economic shutdown?

One of the things which is growing out of this crisis is that the people who behave like nice human beings are increasingly getting credit. Those that don’t behave well are rapidly looking isolated.

Burn and pillage

PRIVATE profit & dividends / COLLECTIVE costs & consequences ' WORK, CONSUME & SHUT YOUR MOUTH '

Jeff Bozos, is a terrible human. Nothing but greed.

OED please update your definitions of Greed and Villain to images of JeffBezos and richardbranson.

Bears did a S**t in woods suprise

Perhaps Bezos did this in response to his statement in February that he would give GRANTS to the businesses in his area that were affected by his workers telecommuting

They hardly got 'lucky'. I swapped out my shares and transferred my pension to a cash fund - as should have everyone

jeff bezos bad 🙍🏻‍♀️

Got lucky!?! Are you for fucking real?

Amazon stocks haven’t crashed.

thanks for great reporting

Funny because I just took the amazon workforce training and there was a bit about insider trading.

Smart guy! I sold my more modest stockpile too-more use to me sitting in the bank right now

But of course he did.

$3.4 billion. That's like me selling $500 worth of stock.

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