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MacKenzie Scott Cuts Amazon Stake by 42% to 81.1 Million Shares

Jeff Bezos continues to exercise sole voting power over her remaining stake under their post-divorce arrangement.

Amazon logo is seen in this illustration taken February 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Overview

  • An SEC disclosure dated September 30 shows her holdings fell from 139.1 million shares a year earlier, a decline of 58 million.
  • The reduction is valued at roughly $12.55 billion based on Amazon’s October 14 closing price of $216.39.
  • A separate filing states Bezos beneficially owns more than 964 million shares and has sole voting authority over Scott’s 81.1 million shares.
  • Bloomberg first reported the filings, while Reuters said it had not independently verified them at publication and Amazon declined to comment.
  • Scott’s continued trimming aligns with her Yield Giving philanthropy, which has disbursed over $19.25 billion to more than 2,450 nonprofits, as Amazon shares closed about 2% lower on the news and analysts maintained a Strong Buy consensus with an average $267 price target.