Jeff Bezos has completed the sale of 25 million Amazon.com Inc shares, raking in nearly US$5.7 billion (RM24.03 billion) since late June—shortly after his wedding in Venice.
The offloading began around his nuptials, starting with a US$737 million sale. According to a Securities and Exchange Commission (SEC) filing on Friday, Bezos wrapped up the plan this week, selling the final 4.2 million shares on Wednesday and Thursday for approximately US$954 million.
The divestment was carried out under a pre-arranged 10b5-1 trading plan adopted earlier this year. These plans are often used by corporate insiders to ensure compliance with insider-trading regulations.
The sales come as Amazon stock has surged 38% since its April low. The company is scheduled to announce earnings next week, with investors closely watching the returns on its aggressive investments in artificial intelligence.
Despite the sale, Bezos remains Amazon’s largest individual shareholder, holding roughly 884 million shares, or over 8% of the company. His Amazon stake remains the cornerstone of his US$252.3 billion net worth, ranking him as the world’s third-richest individual, according to the Bloomberg Billionaires Index.
Since 2002, Bezos has sold more than US$50 billion worth of Amazon shares. In 2024 alone, he sold 75 million shares for US$13.6 billion. The proceeds typically fund his other ventures, such as space exploration firm Blue Origin, and philanthropic efforts—he has donated shares worth approximately US$190 million so far in 2025.
Bezos’ recent stock sale outpaces other major insider divestitures this year, including Oracle CEO Safra Catz’s US$2.5 billion sale and Dell Technologies’ Michael Dell, who sold US$1.2 billion worth of shares.
