Group 1 - Jeff Bezos sold over 3.3 million shares of Amazon, valued at approximately $736.7 million [1][2] - The stock sale is part of a trading plan initiated by Bezos in March, allowing him to sell up to 25 million shares by May 29, 2026 [2][3] - Bezos has been consistently selling Amazon stock since stepping down as CEO in 2021, maintaining his position as the largest individual shareholder [3] Group 2 - Bezos plans to sell about $1 billion in Amazon stock annually to finance his space exploration company, Blue Origin, and has also donated shares to his nonprofit, Day 1 Academies [4] - The recent stock sale occurred shortly after Bezos's wedding in Venice, which reportedly cost around $50 million [5] - Bezos is currently ranked third in Bloomberg's Billionaires Index, with a net worth of approximately $240 billion [5]
Jeff Bezos sells $737 million worth of Amazon shares