News on November 6, according to the United States Securities and Exchange Commission (SEC) documents, Amazon founder Jeff Bezos sold $1.3 billion worth of Amazon stock on Friday.
Gadget Pixels has learned that Bezos has sold about US$2 billion of the company’s stock earlier this week to fulfill its commitment at the United Nations Climate Change Conference COP26: donate US$2 billion through the Bezos Earth Fund , To help restore the natural landscape and improve the food supply system.
According to the report, Bezos sold 391,550 shares this time according to a pre-arranged trading plan. This sale will make the value of his Amazon stock sold this year reach 9.9 billion U.S. dollars .
In July of this year, Bezos resigned as CEO of Amazon and devoted himself to the space company “Blue Origin. “The “Bezos Earth Fund” is also one of his current focus of work. The main goal of the fund is to tackle climate change and protect nature.
At the end of last month, Amazon officially announced its financial report for the third quarter of fiscal 2021. Amazon’s total revenue in the third quarter of fiscal 2021 was as high as $110.12 billion (a year-on-year increase of 15%). Amazon’s total revenue in the same period last year was US$96.145 billion; net profit was US$3.156 billion, a decrease of 49% year-on-year, and it was US$6.331 billion in the same period last year.