Bezos to Sell $5 Billion of Amazon as Shares Hit Record High (1)

Jeff Bezos disclosed a plan to unload 25 million additional shares of Amazon.com Inc. worth $5 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.

Jeff Bezos

Photographer: Robert Perry/Bloomberg

Bezos sold shares worth about $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 $13.5 billion, according to calculations by the Bloomberg Billionaires Index.

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