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Jeff Bezos has sold $5.7 billion worth of Amazon stock since star-studded Venice wedding
New York Post· 2025-07-28 13:53
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]
Jeff Bezos plans to sell billions in Amazon stock over the next 12 months
Business Insider· 2025-05-02 16:35
Core Points - Jeff Bezos plans to sell up to 25 million shares of Amazon stock, valued at approximately $4.75 billion, by May 2026 as part of a trading plan initiated in March [1] - This marks the latest in a series of significant stock sell-offs by Bezos, who has sold a total of around 100 million shares over the past year [2][3] - As of November, Bezos still holds over 926 million shares, representing just under 9% of Amazon's total stock [3] Company Actions - Bezos's recent stock sales are intended to fund his space venture, Blue Origin [3] - The disclosure of the planned stock sale followed Amazon's latest earnings call, where CEO Andy Jassy expressed optimism about maintaining low prices despite tariff challenges [4] Historical Context - In July 2023, Bezos filed a plan to sell 25 million shares worth around $5 billion after Amazon's stock reached an all-time high [2] - In February 2024, he sold 50 million shares valued at approximately $8.5 billion, along with smaller sales totaling 1.1 million shares worth around $117 million in May 2024 [2]