Amazon founder Jeff Bezos unloaded more than 3. 3 million s of his company, for a sale valued at nearly $737 million.
It's part of a prearranged trading plan that will let Bezos sell up to 25 million s of Amazon through May 2026. Last week, Bezos married Lauren Sanchez in a star-studded wedding in Venice.
In this articleAMZN your favorite stocksCREATE FREE ACCOUNTAmazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025.
Yara Nardi | ReutersAmazon founder Jeff Bezos unloaded more than 3. 3 million s of his company in a sale valued at roughly $736. 7 million, according to a financial filing on Tuesday.
The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million s of Amazon over a period ending May 29, 2026.
Bezos, who stepped down as Amazon's CEO in 2021 but remains chairman, has been selling stock in the company at a regular clip in recent years, though he's still the largest individual holder.
He adopted a similar trading plan in February 2024 to sell up to 50 million s of Amazon stock through late January of this year.
Bezos previously said he'd sell $1 billion in Amazon stock each year to fund his space exploration company, Blue Origin.
He's also donated s to Day 1 Academies, his nonfit that's building a chain of Montessori-inspired preschools across several states.
The most recent stock sale comes after Bezos and Lauren Sanchez tied the knot last week in a lavish wedding in Venice.
The star-studded celebration, which took place over three days and sparked tests from some local residents, was estimated to cost around $50 million.
Bezos is ranked third in Bloomberg's Billionaires Index with a net worth of $240 billion. He's behind Tesla CEO Elon Musk at $363 billion and Meta CEO Mark Zuckerberg at $260 billion.
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