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There are people who profit, for example, Jeff Bezos It is one of the world’s richest people, whose wealth has increased by $ 5.5 billion since the beginning of this year 2020, according to a newspaper "Wall Street Journal" American.
His fortune rose, mostly shares of the e-commerce company "Amazon", By $ 3.9 billion Thursday, to $ 120 billion.
And this wealth is enough to buy 188 thousand gold bars even if we take into consideration the increase in the prices of the yellow metal recently.
Bezos, 56, this week benefited from the best three days of the American stock market’s performance since 1933, which helped Amazon to recover almost all its losses this month from the Corona virus.
Amazon shares are currently trading at $ 1920, although it was slightly lower than its peak of $ 2170 in February.
Bezos holds about 12 percent of Amazon’s shares.
It is clear that the American rich saved himself from huge losses by selling a large share of the shares he owned last February, before the impact of the Corona virus, which led to the collapse of the stock market, widened.
The data shows that Bezos sold $ 3.4 billion of his total shares in Amazon during the first week of February, and until that time Amazon’s share price had not reached its peak.
This does not mean that the man acted illegally, or that he was acting on the basis of information not publicly reported about the impact of the epidemic.
But the timing that Bezos used was almost perfect, according to what a newspaper described "The Guardian" British.
What the American rich sold represents 3 percent of the total shares he owns in "Amazon".
According to an analysis "Wall Street Journal", Bezos shares were sold at the same prices they had been selling for the previous 12 months.
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There are people who profit, for example, Jeff Bezos, one of the richest people in the world, has increased his wealth by $ 5.5 billion since the beginning of this year 2020, according to the American newspaper The Wall Street Journal.
His fortune, which is mostly the shares of e-commerce company “Amazon”, rose by 3.9 billion dollars on Thursday, to reach 120 billion dollars.
And this wealth is enough to buy 188 thousand gold bars even if we take into consideration the increase in the prices of the yellow metal recently.
Bezos, 56, this week benefited from the best three days of the American stock market’s performance since 1933, which helped Amazon to recover almost all its losses this month from the Corona virus.
Amazon shares are currently trading at $ 1920, although it was slightly lower than its peak of $ 2170 in February.
Bezos holds about 12 percent of Amazon’s shares.
It is clear that the American rich saved himself from huge losses by selling a large share of the shares he owned last February, before the impact of the Corona virus, which led to the collapse of the stock market, widened.
The data shows that Bezos sold $ 3.4 billion of his total shares in Amazon during the first week of February, and until that time Amazon’s share price had not reached its peak.
This does not mean that the man acted illegally, or that he was acting on the basis of information not publicly reported about the impact of the epidemic.
But the timing followed by Bezos was almost perfect, according to what the British “Guardian” newspaper described.
What the American rich sold is 3 percent of the total shares he owns on Amazon.
According to the “Wall Street Journal” analysis, Bezos shares were sold at the same prices they had been selling for the previous 12 months.
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