Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed.
The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May 2026.
Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of June. He still has more than 900 million shares of Amazon, valued at close to $200 billion.
The latest stock sale comes shortly after Bezos’ $50 million high-profile wedding to Lauren Sanchez in Venice with a star-studded list of celebrity guests, including: Ivanka Trump and her husband Jared Kushner, Bill Gates, Oprah Winfrey, several Kardashians and Leonardo DiCaprio.
Bezos is still the largest shareholder of Amazon, where he remains chairman.
source: cnbc.com
