Jeff Bezos expected to sell more Amazon shares worth $1 billion - CNBC

Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis/Pool via REUTERS/File Photo

(Reuters) - Amazon.com founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, CNBC reported, citing a source.

Bezos may sell as many as 8 million to 10 million shares, amounting to more than $1 billion, the report said.