Jeff Bezos sold Amazon shares worth about $737 million in June

Amazon founder and executive chair Jeff Bezos sold shares worth almost $737 million in the e-commerce giant in late June, according to a regulatory filing on Tuesday. Bezos, who founded Amazon in 1994, sold 3.3 million shares for $736.7 million, after adopting a 10b5-1 trading plan in March, showed the filing, made after the market closed. After the sale, Bezos will own about 905 million Amazon shares.