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Jeff Bezos sells $1.1B worth of Amazon stock

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Amazon CEO Jeff Bezos sold $1.1 billion worth of the company's stock.

Bezos continues to hold about 16 percent of Amazon's stock, according to CNNMoney.

Bezos's net worth climbed more than $10 billion to a total of more than $90 billion last week on Amazon's earnings report.

Read more from CNNMoney.

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