Amazon founder and CEO jeff bezos recently married his long-time girlfriend. The world was amazed by their wedding, which took place in a very lavish manner among global celebrities. jeff bezos is currently the third richest person in the world, with a net worth of $241 billion according to the Bloomberg Billionaires Index. In this situation, jeff bezos sold a large portion of his amazon shares within a few days of the wedding.
According to a report by the US SEC and Bloomberg, jeff bezos has sold more than 3.3 million shares after his wedding. Through this, he has received an amount of about $ 736.7 million, or about Rs 6,300 crore in indian rupees. This share sale has gained attention because it took place close to Bezos' wedding. He married his sweetheart Lauren Sanchez in Venice, Italy, in a three-day wedding that lasted about Rs 420 crore, which was attended by many celebrities. However, the truth is that this share sale is not directly related to the wedding. This share sale was planned in advance. These shares were sold as part of a 10b5-1 trading plan prepared by jeff bezos in march 2025. This program was created to prevent the insider trading problem from erupting at Amazon. Under this program, jeff bezos, Amazon's top executives, and Amazon's internal shareholders are legally allowed to sell shares.

According to this plan, Bezos plans to sell 25 million shares by May 2026. This is similar to the previous years when he sold 75 million shares for $13.6 billion in 2023. jeff bezos will use this amount for his other businesses, such as Blue Origin, and other charitable activities.
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Sowmiya Sriram

05/07/2025 09:44 AM