Jeff Bezos has sold $665 million worth of his Amazon stocks
Jeff Bezos- The Amazon founder offloaded almost three million shares in July—yes, that’s around $666 million. The guy’s been on a selling spree, and apparently it’s all part of this game plan he cooked up earlier in the year: dump up to 25 million Amazon shares by May 2026.
And let’s not forget, he already sold off $737 million worth of stock right at the end of June. Even after all this, Jeff Bezos still sits on a mountain of Amazon shares—over 900 million, which is just shy of $200 billion.
This latest sale? It comes right on the heels of his $50 million wedding bash in Venice.
Bezos might’ve stepped down as CEO a while back, but don’t get it twisted—he’s still Amazon’s big boss as chairman and the top shareholder.
(This is a developing story. More details are awaited.)
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