Amazon founder Jeff Bezos plans to sell up to 25 million shares of Amazon stock by May 2026, according to a recent 10-Q filing. At current prices, the sale could generate approximately $4.75 billion. Bezos has been reallocating capital to Blue Origin and other ventures and will see his stake fall below 9% in the company he founded in 1994. This follows his $3.4 billion stock sale in November 2024. Bezos remains Amazon’s largest individual shareholder, holding an estimated $170 billion position in the $2 trillion company. Like other tech founders, including Bill Gates, Bezos appears to be following a broader trend of divesting from the companies they built.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Amazon founder Jeff Bezos plans to sell up to $25 million shares of Amazon stock by May 2026,
00:08according to recent 10Q filings. At current prices, the sale could generate approximately
00:12$4.75 billion. Bezos has been reallocating capital to Blue Origin and other ventures,
00:19and we'll see a stake fall below 9% in the company he founded in 1994.
00:23This follows his $3.4 billion stock sale in November 2024. Bezos remains Amazon's largest
00:31individual stakeholder, holding an estimated $170 billion position in the $2 trillion company.
00:38Like other tech founders, including Bill Gates, Bezos appears to be following a broader trend
00:42of divesting from the companies that they built.
00:45For all things money, visit Benzinga.com slash GSTV.