Jeff Bezos wants to unload up to 25 million Amazon shares worth almost 5 billion USD

According to a new submission of Securities and Exchange Commission, Jeff Bezos will trigger up to 25 million Amazon shares.

Amazon said on Friday in his quarterly report at the SEC that his billionaire founder had passed a trading plan at the beginning of the last month to meet Rule 10B5-1 (C) “in order to separate from up to so many stocks.

The 25 million Amazon shares had a value of over 4.7 billion US dollars from Friday morning.

The plan enables Bezos, which Amazon founded more than three decades ago and acts as an executive Chair of the company, the shares “over a period of time that ends on May 29, 2026, subject to certain conditions in accordance with the quarterly report.

A separate SEC registration showed that Bezos had over 909.4 million shares of the e-commerce giant by March 3.

The Amazon founder has recorded trading plans for the sale of Amazon shares in various cases in the past.

Under one of the previous ones he took over, he thrown 50 million shares through several sales rounds in several weeks in February 2024 and achieved over 8.5 billion US dollars.

Bezos derives a large part of its 12-digit net assets from its Amazon share.

The founder of Amazon had a personal assets of 205.4 billion US dollars according to Forbes' after Friday morning. With this figure, he was classified as the second richest person in the world, who was only exceeded by Elon Musk, CEO von Tesla.

Bezos is also the owner of the Washington Post and created blue origin.