Jeff Bezos bought an eye-popping $5.7 billion price of Amazon inventory since tying the knot with Lauren Sánchez final month, in keeping with authorities filings.
The gross sales started when Bezos disposed of $737 million round his weekend nuptials in Venice on June 27. The transactions had been a part of a buying and selling plan for as much as 25 million shares that he adopted earlier this yr.
The ultimate portion of the 25 million share sale occurred Wednesday and Thursday, when Bezos bought roughly 4.2 million shares valued at $954 million.
These share gross sales occurred throughout a interval of sturdy efficiency for Amazon inventory, which has climbed 38% since hitting a latest backside in late April.
Market watchers are anticipating Amazon’s upcoming earnings report as they consider whether or not the corporate’s substantial synthetic intelligence investments will generate returns.
Bloomberg information signifies Bezos, who stepped down as the corporate’s chief government in July 2021, has now divested greater than $50 billion price of Amazon shares since 2002.
Regardless of these gross sales, the Amazon chairman maintains possession of roughly 884 million shares, representing over 8% of the corporate.
The Bloomberg Billionaires Index ranks him because the world’s third-wealthiest particular person, together with his $252.3 billion internet price primarily derived from his Amazon holdings.
The share transactions had been accomplished by a 10b5-1 buying and selling plan, a mechanism generally employed by company executives to forestall potential insider buying and selling violations.
Bezos has persistently bought Amazon shares over time, offloading 75 million shares within the earlier yr for $13.6 billion.
The inventory gross sales are sometimes meant to direct proceeds towards funding his different enterprise pursuits, together with his area enterprise Blue Origin. Moreover, he donated shares valued at roughly $190 million to charitable organizations in 2025.
Data courting again to 2002 present Bezos made just one Amazon inventory buy, buying a single share for $114.77 two years in the past.
Bezos’ $5.7 billion in inventory gross sales this yr exceeds the divestiture quantities of different main company insiders, together with Oracle Corp. CEO Safra Catz, who bought $2.5 billion price of shares within the first half of the yr, and Dell Applied sciences Inc.’s Michael Dell, who disposed of a $1.2 billion stake.
Neither Amazon nor Bezos representatives offered quick responses to requests for remark.
