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Amazon CEO Jeff Bezos laughed during a discussion at the Air Force Association's Aerospace & Networking conference held at the National Harbor in Maryland, USA on September 19, 2018.

Andrew Haller | Bloomberg | Getty Images

Jeff Bezos continues to cash in on his Amazon share it.

Amazon CEO sold $ 579.8 million worth of stock on Friday Record With the Securities and Exchange Commission. After that Sold $ 1.65 billion worth of stock last Tuesday and Wednesday, and Uninstall $ 1.8 billion worth of stocks, based on data from January 31 to February 3 SEC filing.

That means he sold about $ 4.1 billion in shares in the past week.

Filing documents indicate that these transactions are part of a pre-arranged 10b5-1 transaction plan. An Amazon representative did immediately comment on the latest transaction.

In recent years, Bezos has accelerated his stock sales. Last August, Bezos Sold Amazon stock worth about $ 2.8 billion. He also cashed out of Amazon stock 2017 year with 2016 year.

Bezos has Said before He sells about $ 1 billion in Amazon stock each year to fund his space exploration company Blue Origin. He also earmarked additional funding for the Day One Fund, an organization set up in September 2018 to provide education to low-income communities and to fight the homeless. Last November, the fund Grant A grant of $ 98.5 million was provided to 32 groups.

At the time of the stock sale, Bezos' lifestyle was becoming more public. According to Bezos, his girlfriend Lauren Sanchez toured in Los Angeles. New York Post. In addition, Bezos made headlines after buying two at a New York auction last November, Bloomberg report.

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By Rebecca French

Rebecca French writes books about Technology and smartwatches. Her books have received starred reviews in Technology Shout, Publishers Weekly, Library Journal, and Booklist. She is a New York Times and a USA Today Bestseller...