**Jeff Bezos Sells $737 Million in Amazon Shares Following Wedding**
**Meta Description:** Jeff Bezos sold $737 million in Amazon shares shortly after his wedding in Venice, part of a planned trading strategy.
**URL Slug:** jeff-bezos-amazon-share-sale-wedding
**Headline:** Jeff Bezos Offloads $737 Million in Amazon Shares After Lavish Wedding
In a significant financial move, Jeff Bezos, the founder and executive chair of Amazon, recently sold approximately $737 million worth of Amazon shares. This sale occurred shortly after his extravagant wedding to long-time partner Lauren Sanchez in Venice, a ceremony that garnered considerable media attention.
According to a filing with the Securities and Exchange Commission (SEC) by Amazon.com Inc., Bezos sold 3.3 million shares, totaling $736.7 million, in late June, coinciding with his wedding festivities. The filing was submitted after the U.S. markets closed on Tuesday, prompting close scrutiny of Amazon’s stock as trading resumed on Wednesday.
This share sale is part of a broader 10b5-1 trading plan that Bezos established in March, allowing him to sell up to 25 million shares. Since the inception of this plan, Amazon’s stock price has risen by over 8%, reflecting a general rally in U.S. markets. Following this recent transaction, Bezos retains ownership of approximately 905 million Amazon shares. Notably, in 2024 alone, he sold stock worth nearly $5 billion, as reported by Reuters.
At 61 years old, Bezos is currently the third-richest individual globally, with a net worth of $241.4 billion, according to the Bloomberg Billionaires Index. His stock sales are not uncommon; he frequently utilizes 10b5-1 trading plans, having sold 75 million shares last year for a total of $13.6 billion through similar arrangements. These plans enable company insiders to sell shares at predetermined intervals.
This marks Bezos’s first share sale of the current year, although he has made significant charitable contributions, including nearly 930,000 shares to nonprofits in 2025. In March, he donated shares valued at around $60 million to undisclosed charities, followed by additional gifts worth approximately $125 million in May and $5 million in June. His philanthropic efforts primarily support the Bezos Earth Fund, a $10 billion initiative aimed at combating climate change, and the Bezos Day One Fund, which focuses on homelessness.
Since 2002, Bezos has sold Amazon shares worth about $44 billion, often using the proceeds to fund Blue Origin, his space exploration company founded in 2000.
**FAQ:**
**Q: Why did Jeff Bezos sell $737 million in Amazon shares?**
A: Bezos sold the shares as part of a planned trading strategy under a 10b5-1 trading plan, coinciding with his recent wedding.
