The world’s third richest man Jeff Bezoshas offered off a cumulative $5.7 billion price of Amazon shares since his wedding ceremony in June, as per the 10b5-1 buying and selling plans submitted to the USA Securities and Alternate Fee (US SEC), in line with a Bloomberg report.
Filings with the US SEC confirmed that the 61-year-old billionaire offloaded 4.2 million shares price $954 million on July 23 and 24; following the $737 million price offered a while close to his Venice wedding ceremony in June 2025.
The report added that representatives for Amazon and Jeff Bezos didn’t instantly reply to queries on the matter.
Amazon shares: How a lot has Jeff Bezos offered? How a lot does he nonetheless personal?
In 2024, he offered 75 million Amazon shares price a good-looking $13.6 billion.
In response to a Barrons report, he additionally offered 6.6 million shares price $1.5 billion on July 21 and 22, 2025. And previous to that, it was reported that Jeff Bezos offered hares price about $737 million within the e-commerce big in June-end, coinciding together with his wedding ceremony this 12 months.
Since 2002, Jeff Bezos has offered greater than $50 billion price of Amazon shares, Bloomberg information confirmed. In truthhis first-and-only purchase of Amazon inventory because the firm was based in 2002, was in 2023, when he purchased one inventory for $114.77.
Regardless of the regular gross sales Jeff Bezos stays Amazon’s largest stockholder with over 8 per cent or 884 million models of the corporate’s whole shares. Notably, his stake in Amazon makes up the majority of his $252.3 billion wealthas per information on the Bloomberg Billionaire Index (BBI).
Why did Jeff Bezos promote Amazon stake?
The report famous that the share gross sales had been carried out as outlined underneath the 10b5-1 buying and selling plans submitted to the US SEC. After the buying and selling plan, adopted in March for as much as 25 million shares, the corporate has since climbed over 8 per cent because of US market supported rallies.
Nevertheless, this does come as the corporate’s inventory surged 38 per cent (since April lows) as traders await quarter outcomes following Amazon’s heavy spending on synthetic intelligence (AI), the report famous.
What’s the 10b5-1 buying and selling plan?
All of Jeff Bezos’ Amazon inventory gross sales had been executed underneath a 10b5-1 buying and selling plan, which are sometimes utilized by executives to keep away from working violating insider-trading legal guidelinesBB report stated.
The Barrons report famous that “insiders use the plans, which routinely execute trades when preset situations, reminiscent of worth, quantity, and timing, are met, to take away the looks that they may profit from their entry to personal data”.
Jeff Bezos sells Amazon shares: The place will proceeds be used?
In response to the Bloomberg report, Jeff Bezos has traditionally used proceeds from his Amazon share gross sales to both fund his area firm Blue Origin or diverted them in the direction of philanthorphic endeavours.
To this point in 2025, he has given $190 million to varied non-profits. In March, he was reported gifting shares price round $60 million and in Could, he gifted one other bundle of shares price roughly $125 million, adopted by one other $5 million in June.
The largest beneficiaries have often been his Bezos Earth Fund, which is a $10 billion dedication to struggle local weather change, and the Bezos Day One Fund, a $2 billion initiative targeted on homelessness.
(With inputs from Companies)