Amazon founder Jeff Bezos leaves Aman Venice resort, on the second day of the marriage festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025.
Yara Nardi | Reuters
Amazon founder Jeff Bezos unloaded greater than 3.3 million shares of his firm in a sale valued at roughly $736.7 million, based on a financial filing on Tuesday.
The inventory sale is a part of a previously arranged trading plan adopted by Bezos in March. Below that association, Bezos plans to promote as much as 25 million shares of Amazon over a interval ending Could 29, 2026.
Bezos, who stepped down as Amazon’s CEO in 2021 however stays chairman, has been promoting inventory within the firm at a daily clip lately, although he is nonetheless the biggest particular person shareholder. He adopted a similar trading plan in February 2024 to promote as much as 50 million shares of Amazon inventory by late January of this 12 months.
Bezos beforehand mentioned he’d promote about $1 billion in Amazon inventory annually to fund his area exploration firm, Blue Origin. He is also donated shares to Day 1 Academies, his nonprofit that is constructing a sequence of Montessori-inspired preschools throughout a number of states.
The newest inventory sale comes after Bezos and Lauren Sanchez tied the knot final week in a lavish marriage ceremony in Venice. The star-studded celebration, which came about over three days and sparked protests from some native residents, was estimated to value round $50 million.
Bezos is ranked third in Bloomberg’s Billionaires Index with a internet price of about $240 billion. He is behind Tesla CEO Elon Musk at $363 billion and Meta CEO Mark Zuckerberg at $260 billion.
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