Amazon’s Jeff Bezos sells $1B in stock annually to fund space company Blue Origin

 Amazon founder Jeff Bezos uses his considerable stake in the ecommerce company to fund his other company, private launch provider Blue Origin, Reuters reports. Bezos told attendees at the 33rd Space Symposium that he sells around $1 billion worth of Amazon stock every year to help fund Blue Origin, which is a relative drop in the bucket compared to the $73.54 billion value of his total holdings… Read More

from https://techcrunch.com/2017/04/06/amazons-jeff-bezos-sells-1b-in-stock-annually-to-fund-space-company-blue-origin/?ncid=rss