Jeff Bezos has sold $5.7 billion worth of Amazon stock since star-studded Venice wedding

Core Insights - Jeff Bezos sold $5.7 billion worth of Amazon stock since marrying Lauren Sánchez last month, with the sales starting around his wedding on June 27 [1][4] - The final portion of the 25 million share sale occurred recently, with approximately 4.2 million shares sold for $954 million [2] - Amazon stock has seen a 38% increase since late April, and market watchers are keenly awaiting the company's upcoming earnings report to assess the impact of its AI investments [4] Share Sales and Ownership - Bezos has divested over $50 billion worth of Amazon shares since 2002, maintaining ownership of about 884 million shares, which is over 8% of the company [5][11] - The share transactions were executed through a 10b5-1 trading plan, a strategy used by corporate executives to avoid insider trading violations [6] - In the previous year, Bezos sold 75 million shares for $13.6 billion, often directing proceeds to fund other ventures like Blue Origin and charitable donations [8] Comparison with Other Executives - Bezos' $5.7 billion in stock sales this year surpasses those of other corporate insiders, such as Oracle's CEO Safra Catz and Dell's Michael Dell, who sold $2.5 billion and $1.2 billion worth of shares, respectively [10]