Jeff Bezos sells $5.7 billion in Amazon shares after wedding
Jeff Bezos’s gorgeous wedding to Lauren Sanchez last month may have cost him quite a bit, but even on his wedding day, the founders of Amazon had produced millions.
On June 27, the billionaires sold millions of shares on online giant Amazon as part of a broader plan to offload their shares.
SEC filing seen in luck On June 27th, Bezos showed that it sold more than 3.3 million shares at a price of between $221 and $223 per share. The windfall alone that resulted from his wedding alone trading day was $735 million. luck Calculation.
And while other newlyweds may expect their wealth to be hit during their honeymoon, Bezos’ wealth continued selling in six more Form 4 submissions that took place in late June to late July.
Bezos offloaded another 3 million shares on July 8th and 9th for another $224, with another 500,000 shares sold at similar prices, and another 6.7 million shares sold between July and July 14th at $224-$226 per share.
On July 15, Bezos sold another 733,000 shares for $227 each, and offloaded another 6.6 million shares between July 21 and 22 at $227.5 to $229.5. The latest deals from July 23rd and July 24th also aired more than 4.1 million shares between $228 and $233.
The total sale netted a total of $5.7 billion Bezo, as Amazon stocks have grown by 5.5% over the past month alone. Bloomberg’s Billionaire Index estimate.
It’s easy to assume that offloading millions of stocks would significantly reduce Bezos’ stock at a market capitalization of nearly $2.5 trillion. As SEC Filing reveals, Bezos still owns around 884 million Amazon stocks.
This will make him roughly comparable to Amazon’s largest institutional shareholder. Yahoo Financefor example, a report Vanguard As the highest institutional shareholder with 832 million shares.
Amazon stocks increase by 26% The past yearand, with an increase of around 46% over the past decade, Bezos currently sits on a net worth of $252 billion (per Bloomberg), making him the third richest person on the planet.
Maintain the distance
Of course, Bezos himself does not adjust sales of millions of shares each week.
SEC filing shows that stock sales occur in accordance with the SEC Rule 10B5-1 trading plan established in early May. This rule creates standard practices for officials of publicly listed companies to sell their shares in a pre-planned manner without insisting on insider trading.
There are many regulations in the 10B5-1 plan. Among them, the main one is that the formula (not people) determines the number, price, and date of transactions. Third parties who cannot be affected by their clients must also be hired to carry out the sale. A similar action was taken Alphabet CEO Sundal Pichai for the past few weeksusing filings of 10B5-1 to offload stocks while achieving billionaire wealth status.
However, Bezos’ SEC history also reveals that billionaires are losing sales not only for wealth profits but also for charity.
On June 27th, the same day Bezos began selling, Morgan Stanley I submitted a note on Bezos’ behalf in the Form 144 filing. The filing is written as follows:On May 13th, May 14th and June 3rd, 2025, the reporter donated 633,812 shares to the nonprofit organization.
The form does not say which organizations received the shares.
Although Bezos has not signed the pledge that gives (from the richest in the world to donate most of their wealth to charity), he has publicly stated that during his lifetime he intends to donate most of his wealth to the cause of charity. Tell CNN In 2022 he was “building the ability to pass this money on.”