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3d ago

Jeff Bezos Sells $737 Million of Amazon Shares Under Prearranged Trading Plan

The sale supplies $736.7 million in proceeds to support Bezos’s space exploration ventures under his 10b5-1 plan.

Amazon founder Jeff Bezos in the Statuary Hall of the U.S. Capitol before the luncheon on the inauguration day of U.S. President Donald Trump's second Presidential term in Washington, U.S., January 20, 2025. REUTERS/Evelyn Hockstein/ File Photo
Lauren Sanchez and Jeff Bezos are seen at festivities for the Jeff Bezos and Lauren Sanchez wedding party on June 28, 2025 in Venice, Italy.
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Overview

  • Between June 27 and June 30, Bezos sold 3.3 million Amazon shares for $736.7 million under a trading plan adopted in March 2025.
  • After the transactions, his holdings stand at about 905 million shares, keeping him Amazon’s largest individual shareholder.
  • This marks his first divestment of Amazon stock in 2025 and comes from a schedule allowing up to 25 million shares to be sold by May 29, 2026.
  • Proceeds from the sale are earmarked for ventures such as Blue Origin as well as his philanthropic initiatives.
  • The sale was prearranged under SEC Rule 10b5-1 and took place during his Venice wedding on a predetermined timeline.