Amazon Founder Jeff Bezos Sells $666 Million Of Company Stock

Oakville1
Amazon (AMZN) founder Jeff Bezos has sold nearly three million shares of the e-commerce company’s stock, worth $665.8 million U.S. A regulatory filing with the U.S. Securities and Exchange Commission (SEC) shows that Bezos has been unloading Amazon stock since the beginning of July. The latest stock sale is part of a plan announced earlier this year that will see Bezos sell up to 25 million shares of Amazon stock through May 2026.Bezos, who stepped down as Amazon’s chief executive in 2021, sold $736.7 million U.S. of stock during the final days of June this year. The latest stock sale comes shortly after Bezos’ $50 million U.S. high-profile wedding to Lauren Sanchez in Venice, Italy.The wedding was a star-studded affair with celebrities such as Bill Gates and Oprah Winfrey in attendance. Despite the latest stock sales, Bezos still has more than 900 million shares of Amazon valued at close to $200 billion U.S.Jeff Bezos remains the largest shareholder of Amazon and continues to serve as the company’s board chairman.AMZN stock is flat on the year (down 0.39%) and trading at $219.36 U.S. per share.

Categories

Recent Posts

Europe Faces Most Difficult Moment in Bid to Avoid Split With US
Europe Faces Most Difficult Moment in Bid to Avoid Split With US
Toripalimab Presents Long-Term Survival Benefits as 1st-line Treatment for Advanced Nasopharyngeal Carcinoma and Esophageal Squamous Cell Carcinoma Patients
Toripalimab Presents Long-Term Survival Benefits as 1st-line Treatment for Advanced Nasopharyngeal Carcinoma and Esophageal Squamous Cell Carcinoma Patients
Hastings Racecourse in Vancouver to shut down permanently, operator says
Hastings Racecourse in Vancouver to shut down permanently, operator says
Russia’s Vital Oil Trade With India Is Down, But Not Out
Russia’s Vital Oil Trade With India Is Down, But Not Out
Copper Quest Closes $1,927,000 Private Placement
Copper Quest Closes $1,927,000 Private Placement
This TSX stock was up 17% this week and it could gain another 36%, analysts say
This TSX stock was up 17% this week and it could gain another 36%, analysts say
AMC Entertainment Holdings, Inc. Transfers the Majority of its Equity Investment in Hycroft Mining Holding Corporation to Sprott Mining for a Net Consideration of $24.1 million
AMC Entertainment Holdings, Inc. Transfers the Majority of its Equity Investment in Hycroft Mining Holding Corporation to Sprott Mining for a Net Consideration of $24.1 million
Guardian Capital Announces Estimated 2025 Annual Non-Cash Distributions for Guardian Capital ETFs
Guardian Capital Announces Estimated 2025 Annual Non-Cash Distributions for Guardian Capital ETFs
Emera Renews At-The-Market Equity Program
Emera Renews At-The-Market Equity Program
CRA warns of ‘aggressive tax schemes’ involving critical illness insurance
CRA warns of ‘aggressive tax schemes’ involving critical illness insurance

Share on Social Media

Grace Cabral
Grace Cabral

REALTOR® | License ID: 9541137

+1(416) 278-2809 | grace@gracecabral.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Real Broker Ontario Ltd., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.