Following in the footsteps of Amazon’s Jeff Bezos, Facebook CEO Mark Zuckerberg also sold more than $1 billion worth of Facebook stock last year to support his philanthropic project, the Chan Zuckerberg Initiative. According to the Securities and Exchange Commission
Jeff Bezos, the billionaire founder of Amazon, is selling about $1 billion in Amazon stocks per year to finance his venture Blue Origin, a rocket company which aims to launch paying passengers on 11-minute space rides starting next year. At the
Bill Gates, Jeff Bezos, Vinod Khosla, Jack Ma, Hasso Plattner, John Doerr and 14 other high-profile investors have formed a new venture fund, Breakthrough Energy Ventures, where they plan on investing over a billion dollars “to provide everyone in the
Amazon has come a long way from its ill-reputed tag of being a money-loser and has delivered a stellar performance for the third straight quarter. Amazon reported excellent quarter earnings with $30.4 billion revenues and $1.78 EPS, against analysts’expectations of
In a mighty bid against the outreaching sovereignty for the Internet shopper’s paradise, an Arabic prince’s wealth has completely begotten the reach of Flipkart from the outside scenario by bidding all of his Lamborghini’s for the stock equivalent of Amazon.