Its a creamy nice payday for Jeff Bezos.
Amazon reports that, in his most valuable stock sale ever, the Amazon founder and CEO sold about 1 million shares of his company this week. That's more than $755 million worth of stock.
The sale itself is routine; Bezos sells a huge number of shares every year on a predetermined schedule — but the sheer bounty is pretty extraordinary.
Amazon just posted its third-straight record-breaking earnings, and the stock is up almost 44% since his last big sale, according to Yahoo Finance.
What will Bezos do with his new riches? That's a massive fortune.
Who knows? Maybe he'll invest some in his rocket company. Or his underground clock. Or The Washington Post. Or charity. Or my humble self - Lekeleo Inc.
The founder of Amazon, is one of the most powerful figures in tech, with a net worth of roughly $57 billion. He's also an investor in Business Insider through his personal investment company - Bezos Expeditions. Jeff Bezos is highly multi-talented with potentials and has a lot of interests.
>> Image: [Reuters/Rick Wilking]
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