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BezosAmazon Stake Drops Below 10% After Year of Share Sales

A fresh SEC disclosure lists 9% beneficial ownership with sole voting power over about 964 million shares.

Overview

  • An Oct. 14 SEC filing shows 9% beneficial ownership with sole voting power over 964.3 million shares and authority to dispose of about 883.3 million.
  • Disclosures cite more than 100 million shares sold over the past year plus gifts of over 500,000 shares to charities.
  • Earlier filings outlined two 25-million-share sale plans this year with estimated proceeds of roughly $5.0 billion and $5.4 billion.
  • Bezos’ stake has steadily fallen from over 43% at the 1997 IPO to 14.1% in 2021 and 10.1% in November 2024.
  • Amazon closed at $216.39 on Tuesday for a $2.3 trillion market value as Forbes pegged Bezos’ net worth at about $229.7 billion.