Jeff Bezos plans to offload 25 million Amazon (NASDAQ:AMZN) shares over the next year, a move outlined in a Friday regulatory filing.
At Friday's opening price of $191, the planned sales equal roughly $4.8 billion. The share?sell program was established in March under SEC Rule 10b5?1.
Since stepping down as CEO in 2021, Bezos has steered Blue Origin, recently launching Katy Perry and Lauren Sanchez into space, and directed The Washington Post, where he recently halted an endorsement of Kamala Harris.
Although no longer at the helm, Bezos remains a key voice at Amazon. President Trump said this week he called Bezos about a reversed plan to disclose tariff?driven cost hikes, praising his swift resolution.
Bezos unloaded more than $13 billion of Amazon stock in 2024. He sits second on Bloomberg's Billionaires Index with a $212 billion fortune.
Meanwhile, Amazon posted $155.7 billion in Q1 sales, up 9% year?on?year. Shares edged down about 0.5% to near $189 in Friday trade.
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