Jeff Bezos Sells $737 Million Worth of Amazon Stake

• Jeff Bezos sold 3.3 million Amazon shares in late June, netting $737 million under a 10b5-1 trading plan.
• Post-sale, Bezos still holds approximately 905 million Amazon shares; this marks his first major sale this year.

Jeff Bezos sold 3.3 million Amazon.com Inc. shares in recent days for $736.7 million. The sale, which occurred during his star-studded wedding to Lauren Sanchez in Venice, is part of Bezos' 10b5-1 trading plan, which he implemented in March for up to 25 million shares. Since then, Amazon's stock price has increased by more than 8%, coinciding with a broader rally in US markets.

According to the Bloomberg Billionaires Index, Bezos, 61, is the world's third richest man, with a fortune of $241.4 billion. He frequently employs 10b5-1 trading plans, selling 75 million shares last year for a total of $13.6 billion under the arrangements, which allow company insiders to offload shares at predetermined times.

He is a much less frequent buyer of the stock, having purchased his first share for $114.77 two years ago, according to records dating back to 2002.

Bezos frequently sells his Amazon shares to fund Blue Origin, the space company he founded in 2000. It debuted its new flagship rocket in January and successfully reached orbit after years of development, but a month later, it laid off approximately 10% of its workforce in surprise layoffs as it seeks to reduce costs.

The stock sales are Bezos' first of the year, but he has donated nearly 930,000 shares to nonprofits in 2025. In March, Bezos reported giving shares worth approximately $60 million to undisclosed charities. In May, he gave away another bundle of shares worth around $125 million, followed by another $5 million in June.

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Bezos typically donates to support his Bezos Earth Fund, a $10 billion commitment to combat climate change, and the Bezos Day One Fund, a $2 billion philanthropic initiative aimed at addressing homelessness. In previous years, he has also presented a $100 million "Bezos Courage & Civility Award" to philanthropists such as Dolly Parton and Van Jones.