Amazon CEO Jeff Bezos, the newly minted richest person in the world, just sold more than $1 billion worth of his stock.
The sale was made public in a filing posted Friday. In total, Bezos let go of one million shares for $1,097,803,365.
Exactly how Bezos plans to spend those Benjamins wasn’t clear. But it isn’t unprecedented for him to sell such a large chunk. In May, he sold more than a million shares. A similar sale was executed in August 2016. Read more at CNN.