Floating Button
Home News Markets

Bezos to sell US$5 bil of Amazon as shares hit record high

Bloomberg
Bloomberg • 2 min read
Bezos to sell US$5 bil of Amazon as shares hit record high
Jeff Bezos. Photo: Bloomberg
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Jeff Bezos disclosed a plan to unload 25 million additional shares of Amazon.com Inc. worth US$5 billion ($6.76 billion) on the day the stock hit a fresh record.

The notice was filed after the market closed Tuesday, though sales could also take place as early as that day, according to the filing.

Bezos sold shares worth about US$8.5 billion over nine trading days in February — the first time he disposed of company stock since 2021. The additional sales would bring his total this year to roughly US$13.5 billion, according to calculations by the Bloomberg Billionaires Index. 

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.