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Jeff Bezos sells $3B in Amazon stock

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Amazon founder and CEO Jeff Bezos last week sold roughly $2.8 billion worth of the company's stock.

Between July 29 and Aug. 2, he sold 1.5 million shares, leaving his stake in the company at about 11%.

He sold the shares at a pace of 200,000 to 320,000 shares per day.

Read more from Quartz.

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