Bezos would have a one-year deadline.
25 million of its shares
Amazon founder Jeff Bezos has announced his intention to sell 25 million Amazon shares, currently valued at around $5 billion.
Planned sales
In line with legal requirements to prevent insider trading, Amazon has disclosed that Jeff Bezos' planned sales are part of a pre-established schedule and are executed automatically.
2026
With this announcement, Bezos would have one year to complete the sale of his 25 million shares, which he should therefore have finalized by May 29, 2026.
Other projects
In recent years, the billionaire has sold a portion of his Amazon shares to finance other projects, notably the acquisition of the Washington Post.
His space projects
He has also used his shares to finance his space projects with Blue Origin, which recently sent Katy Perry into space.
A rival
The 5 billion from the sale could now be used to accelerate the development of Project Kuiper, an initiative designed to compete with Elon Musk and SpaceX, in particular by becoming a major rival to Starlink.
The first quarter
However, this share sale comes at a particular time for Amazon, which will have to contend in the coming months with tariffs announced by the Trump administration. Nevertheless, the company is reporting solid results for the first quarter of 2025, with growth of 19%.