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, in accordance with a monetary submitting on Tuesday.
The inventory sale is a part of a beforehand organized buying and selling 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 an everyday clip in recent times, although he is nonetheless the biggest particular person shareholder. He adopted an identical buying and selling plan in February 2024 to promote as much as 50 million shares of Amazon inventory via late January of this yr.
Bezos beforehand mentioned he’d promote about $1 billion in Amazon inventory every year to fund his area exploration firm, Blue Origin. He is additionally donated shares to Day 1 Academies, his nonprofit that is constructing a sequence of Montessori-inspired preschools throughout a number of states.
The latest inventory sale comes after Bezos and Lauren Sanchez tied the knot final week in a lavish wedding ceremony in Venice. The star-studded celebration, which came about over three days and sparked protests from some native residents, was estimated to price round $50 million.
Bezos is ranked third in Bloomberg’s Billionaires Index with a internet value 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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