Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

Jeff Bezos sells 6 million in Amazon stock as part of plan to unload 25 million shares


Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025.

Guglielmo Mangiapane | Reuters

Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed.

The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May 2026.

Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of June. He still has more than 900 million shares of Amazon, valued at close to $200 billion.

The latest stock sale comes shortly after Bezos’ $50 million high-profile wedding to Lauren Sanchez in Venice with a star-studded list of celebrity guests, including: Ivanka Trump and her husband Jared Kushner, Bill Gates, Oprah Winfrey, several Kardashians and Leonardo DiCaprio.

Bezos is still the largest shareholder of Amazon, where he remains chairman.



Source

Best Stocks: The value name with one of the best long-term charts Josh Brown has ever seen
World

Best Stocks: The value name with one of the best long-term charts Josh Brown has ever seen

Josh — Today’s update of our Best Stocks in the Market List looks at the relatively recent outperformance of lower valuation names as the big growth stocks take a break. Sean’s going to talk about why the Jackson Hole speech could be a major catalyst for this trend to continue. We’ll give you all the […]

Read More
French PM Bayrou will seek confidence vote over budget plans
World

French PM Bayrou will seek confidence vote over budget plans

French Prime Minister Francois Bayrou will seek a high-stakes confidence vote in parliament on September 8 over unpopular plans to clean up France’s public finances. Bayrou’s move will gauge whether he has enough support in a fragmented parliament for his 44 billion euro ($51.51 billion) budget squeeze as he tries to tame a budget deficit […]

Read More
Intel says Trump deal has risks for shareholders, international sales
World

Intel says Trump deal has risks for shareholders, international sales

Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel on Monday warned of “adverse reactions” from investors, employees and others to the Trump administration taking a 10% stake in the company, in a filing citing risks involved with the […]

Read More