Jeff Bezos sells $666 million in Amazon reserve as a part of plan to dump 25 million stocks

Amazon founder Jeff Bezos bought just about 3 million stocks use $665.8 million over two days in July, a regulatory submitting Tuesday confirmed.

The reserve sale is a part of a plan introduced previous this occasion that can see Bezos dump as much as 25 million stocks of Amazon via Would possibly 2026.

Bezos, who stepped unwell as Amazon CEO in 2021, bought $736.7 million in reserve right through the general days of June. He nonetheless has greater than 900 million stocks of Amazon, valued at akin to $200 billion.

The fresh reserve sale comes in a while next Bezos’ $50 million high-profile marriage ceremony to Lauren Sanchez in Venice with a star-studded record of superstar visitors, together with: Ivanka Trump and her husband Jared Kushner, Invoice Gates, Oprah Winfrey, a number of Kardashians and Leonardo DiCaprio.

Bezos remains to be the biggest shareholder of Amazon, the place he residue chairman.