What the founder of Amazon will invest $1.1 billion in

What the founder of Amazon will invest $1.1 billion in

Besides the stable growth of Bitcoin on the global stage, another event in the financial sphere has made the market tremble. Amazon founder and CEO Jeff Bezos sold 1 million shares in one week. Such actions by business owners are rare, causing the stock market to shake.

What the founder of Amazon will invest $1.1 billion in

Amazon

Bezos tried to reassure the public, stating that the proceeds would not sit idle. The businessman assured that part of the funds would go to a space project and the development of the newspaper The Washington Post, owned by Amazon’s founder. It is also possible that some will go to charitable foundations. Additionally, the businessman mentioned support for philanthropy projects, asking followers on Twitter to help with the launch.

Amazon

However, there are rumors that Jeff Bezos intends to produce a series based on “The Lord of the Rings.” It turns out that the company head is a passionate fan of J.R.R. Tolkien’s fantasy and has always dreamed of releasing a series. The growing popularity of the “Game of Thrones” movie was the last straw for Bezos. Most likely, the withdrawal of live money from Amazon concerns the new series. Moreover, Jeff Bezos was spotted at Warner Bros studio, which owns the rights to the “Lord of the Rings” trilogy. We just have to wait for the TV company to announce the casting, and then everything will become clear.