Jeff Bezos to Sell More Amazon Shares Worth Over $1 Billion

The sale follows a recent offload of $240 million in shares, with proceeds funding Bezos's space venture, Blue Origin.

Jeff Bezos is expected to sell between 8 million to 10 million Amazon shares, potentially amounting to over $1 billion.
Bezos has been selling his Amazon shares to fund his space venture, Blue Origin.
Bezos recently announced his move from Seattle to Miami to be closer to his parents and Blue Origin's operations.
Last week, Bezos sold Amazon shares worth about $240 million, which were marked as contributions to non-profit organizations.
Amazon's shares were trading 2.5% lower on Tuesday.