Jeff Bezos offloads $665 million in Amazon shares as part of 25 million-share divestment plan

Jeff Bezos’ latest stock sale coincided with his high-profile wedding to Lauren Sanchez in Venice, which drew media buzz for its star-studded guest list including Oprah Winfrey, Bill Gates, Leonardo DiCaprio, and Ivanka Trump

Amazon founder and executive chairman Jeff Bezos has sold nearly three million Amazon shares, valued at approximately $665.8 million, over a two-day period in July, according to a recent regulatory filing. The transaction is part of a broader plan Bezos initiated earlier this year, which outlines his intent to sell up to 25 million shares of the company by May 2026.

This latest divestment follows a separate stock sale in late June, when Bezos offloaded shares worth $736.7 million. Despite these significant transactions, Bezos remains Amazon’s largest individual shareholder, retaining over 900 million shares, which collectively amount to a stake worth nearly $200 billion.

The timing of the latest stock sale coincides with Bezos’ high-profile wedding to Lauren Sanchez in Venice, Italy. The event attracted widespread media attention for its celebrity guest list, which reportedly included Ivanka Trump, Jared Kushner, Oprah Winfrey, Bill Gates, and Leonardo DiCaprio.

Bezos stepped down as CEO of Amazon in 2021 but continues to serve as the company’s chairman. His ongoing share sales are being closely watched by investors and analysts as part of a carefully scheduled financial strategy extending over the next year.