India, May 3 -- Jeff Bezos, the founder of Amazon, has revealed plans to dispose of nearly $4.75 billion worth of the company's stock over the course of the upcoming year.
This action is a component of a planned trading strategy that was started in March 2025 and is expected to last until May 2026.
Bezos still owns more than 926 million shares of Amazon, or just less than 9% of the business's total stock.
A regulatory document states that a trading plan that would conclude on May 29, 2026, will be used to carry out the transaction, which will involve about 25 million stocks.
The sale, which will include some 25 million stocks, comes a year after when Bezos sold $13.4 billion worth of Amazon stocks.
The majority of the amount made fro...
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