Bezos liquidated approximately $737 million worth of Amazon stocks in June
In a significant financial decision, Jeff Bezos, the founder of Amazon, sold 3.3 million shares of the e-commerce giant for $736.7 million. This sale, reported by India News, marks a strategic move towards diversifying his wealth and funding various personal and philanthropic initiatives.
The sale, which occurred in late June, was executed under a 10b5-1 trading plan that Bezos adopted in March. This move comes after his marriage to journalist Lauren Sanchez on Friday evening in a star-studded wedding extravaganza in Venice. However, it is essential to clarify that the wedding and the share sale are separate events.
Bezos' recent sale is not the first significant financial move he has made in recent years. In 2024, he sold over $13 billion worth of shares to support ventures like Blue Origin, the Bezos Day One Fund, and the Bezos Earth Fund. This latest sale, worth $5.4 billion when adjusted for the 25 million shares sold, aligns with this trend.
Despite the substantial sale, Bezos remains the largest Amazon shareholder with approximately 9.6% ownership, and his net worth is still estimated at around $244 billion, making him the third-richest person according to Bloomberg. The sale has not markedly diminished his net worth given Amazon’s strong stock performance and his large remaining stake.
Following the sale, Bezos will own approximately 905 million shares of Amazon. Smaller stock sales have also occurred recently in 2025, including a $737 million sale and gifts of nearly 930,000 shares to nonprofits, reflecting continued management of his holdings rather than any distress sale.
Despite the sale, Bezos remains the fourth-richest person in the world, with a net worth of $234.4 billion, according to Forbes. However, the sale has caused Bezos to no longer be the second-richest man in the world, as another tech billionaire has overtaken him following a massive share surge.
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- Bezos' sale of 25 million Amazon shares in June, worth $5.4 billion, was executed under a 10b5-1 trading plan he had previously adopted in March.
- The sale aligns with Bezos' trend of using significant financial moves to fund various ventures, such as Blue Origin, the Bezos Day One Fund, and the Bezos Earth Fund, which he supported with over $13 billion worth of shares in 2024.
- Despite the recent sale, Bezos remains the fourth-richest person in the world, with a net worth of $234.4 billion, according to Forbes, and continues to manage his holdings in Amazon, owning approximately 905 million shares.
