Jeff Bezos sells Amazon shares

Amazon founder Jeff Bezos is set to sell 25 million shares of the company worth about 5 billion after Amazon shares hit an all-time high of $200 on Tuesday, July 2.

Despite this, he will remain the owner of approximately 912 million shares, which is 8.8% of the company.

Bezos is now the second richest person in the world with a fortune of 2 221.6 billion.