Bezos Sells $4 Billion of Amazon Stock in Four Trading Days (1)

Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year.

Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory filings, took place over just four trading days. The world’s second-richest person previously hadn’t sold stock since 2021.

Bezos hasn’t explained why he’s selling now, but the timing of when he instituted the trading plan may provide a clue. He announced on Nov. 2 he ...