Jeff Bezos sells nearly 12m Amazon shares worth at least 2bn dollars

Jeff Bezos has filed a statement with federal regulators indicating his sale of nearly 12 million shares in Amazon worth more than 2 billion US dollars (John Locher/AP)

Jeff Bezos has filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than 2 billion US dollars (£1.58 billion).

The Amazon executive chairman notified the US Securities and Exchange Commission (SEC) of the sale of 11,997,698 shares of common stock on February 7 and 8.