Thursday, July 3, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Ecommerce

Jeff Bezos sells $2.5 billion worth of Amazon stock

Tech Gist Africa by Tech Gist Africa
05/07/2021
in Ecommerce, World News
0 0
0
Amazon CEO Jeff bezos tech news

Amazon CEO Jeff bezos tech news

0
SHARES
Share on FacebookShare on Twitter

After offloading more than $10 billion worth of shares in 2020, Jeff Bezos sold around $2.5 billion worth of Amazon Inc. stock this year.

According to US Securities and Exchange Commission filings, Jeff Bezos sold about 739,000 shares this week under a pre-arranged trading schedule.

According to a separate filing, he intends to sell up to 2 million shares.

The sales come a week after Amazon released its first-quarter earnings results, indicating that the company’s business is still being boosted by the pandemic-fueled boom in e-commerce.

Bezos previously stated that he will sell around $1 billion in Amazon stock per year to finance his growing space exploration business, Blue Origin.

This summer, Bezos revealed that the company would send its first astronaut crew to space.

Bezos has set aside money for the Day One Fund, which he established in September 2018 to provide education and fight homelessness in low-income communities.

Read more on Tech Gist Africa:

In a record-breaking first quarter, Amazon surpasses $100 billion in revenue

SpaceX Crew-1 Astronauts have returned to Earth from the International Space Station

 

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Apple WWDC 2025
Events

Apple Unveils iOS 26, macOS Tahoe, and AI Innovations at WWDC 2025

by Tech Gist Africa
06/15/2025
0

Apple kicked off its annual Worldwide Developers Conference (WWDC) with a series of announcements highlighting significant advancements in software design...

Read more
Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

06/15/2025
Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

06/15/2025
OpenAI

OpenAI Reaffirms Nonprofit Control Amid Restructuring Controversy

05/08/2025
Skype Microsoft

Skype Officially Shuts Down After Over Two Decades of Service

05/08/2025
Next Post
facebook

The $50k Facebook Community Accelerator Program is now accepting applications from Nigeria, South Africa, and Kenya.

Microchip IBM

IBM has announced the development of a 2-nanometer chip, the world's smallest and most powerful microchip

facebook neighborhoods

Facebook has launched Neighborhoods, a clone of Nextdoor

No Result
View All Result

The Big 5

Blockchain

The Role of Blockchain in Enhancing Africa’s Financial Systems and Security

by Tech Gist Africa
06/30/2025
0

...

Artificial Intelligence

How Artificial Intelligence is Transforming Industries Across Africa

by Tech Gist Africa
06/23/2025
0

...

Africa startups

Kenyan Startups Invited to Apply for €100,000 develoPPP Ventures Grant

by Tech Gist Africa
06/15/2025
0

...

Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

by Tech Gist Africa
06/15/2025
0

...

Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

by Tech Gist Africa
06/15/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.