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Amazon laminitis Jeff Bezos leaves Aman Venice hotel, connected the 2nd time of the wedding festivities of Bezos and writer Lauren Sanchez, successful Venice, Italy, June 27, 2025.
Yara Nardi | Reuters
Amazon laminitis Jeff Bezos unloaded much than 3.3 cardinal shares of his institution successful a merchantability valued astatine astir $736.7 million, according to a fiscal filing connected Tuesday.
The banal merchantability is portion of a previously arranged trading plan adopted by Bezos successful March. Under that arrangement, Bezos plans to merchantability up to 25 cardinal shares of Amazon implicit a play ending May 29, 2026.
Bezos, who stepped down arsenic Amazon's CEO successful 2021 but remains chairman, has been selling banal successful the institution astatine a regular clip successful caller years, though he's inactive the largest idiosyncratic shareholder. He adopted a akin trading plan successful February 2024 to merchantability up to 50 cardinal shares of Amazon banal done precocious January of this year.
Bezos antecedently said he'd merchantability astir $1 cardinal successful Amazon banal each twelvemonth to money his abstraction exploration company, Blue Origin. He's also donated shares to Day 1 Academies, his nonprofit that's gathering a concatenation of Montessori-inspired preschools crossed respective states.
The astir caller banal merchantability comes aft Bezos and Lauren Sanchez tied the knot past week successful a lavish wedding successful Venice. The star-studded celebration, which took spot implicit 3 days and sparked protests from immoderate section residents, was estimated to outgo astir $50 million.
Bezos is ranked 3rd successful Bloomberg's Billionaires Index with a nett worthy of astir $240 billion. He's down Tesla CEO Elon Musk astatine $363 cardinal and Meta CEO Mark Zuckerberg astatine $260 billion.
WATCH: Amazon CEO Jeff Bezos' wedding sparks Venice protests
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