Jeff Bezos offloads stock: Sells 3.3 million Amazon shares; nets $736.7 million amid wedding fanfare
Amazon founder
Jeff Bezos
has offloaded over 3.3 million shares of the tech giant, netting approximately $736.7 million, as per a regulatory filing reported by Bloomberg.
The transactions, carried out in late June, coincided with Bezos' lavish three-day wedding to
Lauren Sanchez
in Venice, a celebration that drew global attention and protests from some locals.
The share sale is part of a pre-scheduled 10b5-1 trading plan Bezos adopted in March, allowing him to sell up to 25 million Amazon shares through May 2026. According to CNBC, Bezos implemented a similar plan in early 2024 to sell up to 50 million shares by January this year.
Following the latest transaction, Bezos still holds around 905 million Amazon shares, maintaining his status as the company's largest individual shareholder.
Since 2002, Bezos has sold about $44 billion worth of Amazon stock, noted Bloomberg, while making only one recorded purchase, a single share in 2022.
The billionaire, who stepped down as Amazon CEO in 2021 but remains executive chair, is known to use stock proceeds to fund his ventures, most notably Blue Origin. The aerospace company recently launched its flagship rocket into orbit, though it announced significant layoffs soon after.
Bezos has also donated generously. In 2025, he gifted nearly 930,000 Amazon shares to undisclosed nonprofits. According to Bloomberg, he reported donations worth $60 million in March, followed by gifts of $125 million in May and $5 million in June. Most of these contributions support the Bezos Earth Fund, a $10 billion climate initiative and the Bezos Day One Fund, which tackles homelessness and supports early education.
The timing of the stock sale with his wedding was widely noted. As per CNBC, the Venice ceremony cost an estimated $50 million.
According to the Bloomberg Billionaires Index, Bezos is the world's third-richest individual with a net worth of approximately $241.4 billion. Forbes ranks him fourth with an estimate of $234.4 billion.
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