Jeff Bezos to sell nearly $5B of Amazon stock
AinvestFriday, May 2, 2025 11:54 am ET

Jeff Bezos to sell nearly $5B of Amazon stock
Amazon founder and executive chairman Jeff Bezos is planning to sell up to $5 billion worth of Amazon stock over the next year, according to a regulatory filing made on Friday. The sale, which will be executed through a 10b5-1 trading plan, is set to end on May 29, 2026, and will involve the sale of up to 25 million shares [1].The planned sale comes amid a challenging environment for Amazon, which is navigating tariff uncertainty. However, the company's advertising business continues to surge, growing 19 percent in Q1 to $13.9 billion [1]. The announcement follows Bezos' sale of $13.4 billion of Amazon stock last year [2].
Bezos, the world's second-richest person, has consistently sold a small portion of his Amazon holdings to fund other ventures, including The Washington Post and the space firm Blue Origin. The sale of 25 million shares is a significant reduction from the 50 million shares he disclosed in a trading plan last year [1].
Amazon shares fell in after-hours trading on Friday following the announcement, slipping nearly 1% in early trading on Wall Street. The company reported its first quarter earnings for 2025, with revenue rising by 9% to $155.7 billion and profit coming in at $17.1 billion [2]. However, concerns around how Donald Trump’s trade tariffs could affect the business persist.
Bezos and Trump have had a mixed relationship, with Bezos arguing some of Trump’s rhetoric damaged democracy during the 2016 campaign. However, Bezos attended Trump’s inauguration earlier this year and donated $1 million to his inauguration fund [2]. The Washington Post, owned by Bezos, announced it would not endorse a candidate in the most recent presidential election and overhauled its opinion section to focus on personal liberties and free markets.
References:
[1] https://www.hollywoodreporter.com/business/business-news/jeff-bezos-to-sell-amazon-stock-2025-1236205980/
[2] https://www.theguardian.com/technology/2025/may/02/jeff-bezos-to-sell-amazon-stock-over-next-year

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
Comments
No comments yet