Jeff Bezos Sells $736.7 Million in Amazon Shares

Jeff Bezos Sells $736.7 Million in Amazon Shares in Late June 3.3 Million Shares Offloaded Under March Trading Plan

Amazon founder and executive chair Jeff Bezos sold approximately $736.7 million worth of Amazon stock in late June, according to a regulatory filing released Tuesday after U.S. markets closed. The move involved the sale of 3.3 million shares, executed under a trading plan he adopted in March 2024.

Bezos Retains 905 Million Amazon Shares

Despite the recent divestment, Bezos still retains significant ownership in the e-commerce giant, with around 905 million shares remaining under his name. He continues to be one of Amazon’s largest shareholders and maintains influence over the company’s strategic direction.

Part of a Broader Trend in Share Sales

The sale comes as part of a broader trend: Bezos sold nearly $5 billion worth of Amazon stock in 2023, raising questions about whether further stock offloading may occur this year. While such planned sales are typical for high-net-worth individuals to diversify their assets or fund other ventures, the sizable figures still attract market and media attention.

Net Worth Remains Staggering

According to Forbes, Bezos currently ranks as the fourth-richest person in the world, with a staggering net worth of $234.4 billion. The billionaire, who founded Amazon in 1994, has since expanded his portfolio to include ventures like Blue Origin, his space exploration company, and The Washington Post.

Market Reaction and Future Implications

So far, there has been no significant market reaction linked directly to the filing. However, analysts are watching closely for signs of further large-scale share movements by Bezos and other Amazon insiders, which could influence stock sentiment in the second half of 2025.