Bezos to Sell Up to $4.8B in Amazon Shares
Bezos to Sell Up to $4.8B in Amazon Shares

Bezos to Sell Up to $4.8B in Amazon Shares

News summary

Jeff Bezos, Amazon's founder and executive chair, plans to sell up to 25 million Amazon shares—valued between $4.75 and $4.8 billion—by May 2026 under a 10b5-1 trading plan adopted in March 2025. This move follows Bezos’s sale of about $13.5 billion in Amazon stock in 2024. The announcement comes as Amazon reports strong sales and profit growth but warns of possible challenges from tariffs introduced by the Trump administration and potential new tariffs, as well as broader economic headwinds. Proceeds from the sales are expected to support Bezos's ventures such as Blue Origin and philanthropic efforts like the Day One Fund and climate initiatives. The decision follows a period of public tension and later rapprochement between Bezos and former President Trump amid White House scrutiny of Amazon’s response to tariffs. Bezos remains Amazon's largest shareholder and is currently the world's second-richest person, with a net worth exceeding $200 billion.

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63% Left
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Left 63%
Center 25%
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8
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Center
2
Right
1
Unrated
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Last Updated
38 min ago
Bias Distribution
63% Left
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