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Bezos Cuts Amazon Stake by $350 Million in Year’s First Sale
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(Bloomberg) -- Jeff Bezos unloaded almost $350 million in Amazon.com Inc. stock as it hit a record on Monday, his first sale of the company's shares this year.
Bezos' wealth has climbed $38.7 billion this year to $292 billion, according to the Bloomberg Billionaires Index, as the e-commerce retailer's shares have gained 18%.
Even after the sale, he remains Amazon's largest shareholder by far with an 8.16% stake.
Over the course of nine trading days in 2024 he sold more than $8.5 billion in stock.
Since the beginning of 2025, he's also contributed Amazon shares currently worth more than $1 billion to nonprofit organizations, according to filings.