Jeff Bezos has completed a large-scale sale of Amazon.com Inc shares, earning him nearly $5.7 billion since his wedding in late June, reports Baltimore Chronicle, citing Bloomberg.
The stock sales, which began when Bezos sold $737 million in shares ahead of his wedding weekend in Venice, were part of a trading plan to sell up to 25 million shares, which he set up earlier this year. He sold the last of these 25 million shares on Wednesday and Thursday, according to a filing with the Securities and Exchange Commission.
These sales occurred amid a 38% rise in Amazon’s stock from its recent low in late April. The company is set to report earnings next week, and investors are waiting to see if its significant artificial intelligence investments will pay off.
Since 2002, Bezos has sold over $50 billion worth of Amazon shares.
Despite these sales, Bezos still holds around 884 million shares, or more than 8% of the company. He ranks third among the world’s wealthiest individuals, with his Amazon stake making up the majority of his net worth of $252.3 billion, according to the Bloomberg Billionaires Index.
Bezos has traditionally been an active seller of his Amazon stock, having sold 75 million shares in the previous year, raising $13.6 billion. He generally uses the proceeds to fund his other projects, such as his space company Blue Origin. Additionally, in 2025, he donated around $190 million worth of shares to nonprofit organizations. The only purchase of Amazon stock in his entire selling history was a single share bought two years ago for $114.77.
To date, Bezos’ $5.7 billion in sales significantly surpasses the sales of other major insiders this year.
Earlier we wrote that Amazon cuts off deals on low-priced goods from China after Trump stuns mit.