Jeff Bezos sells another 665 million dollars worth of Amazon shares

Published: 2025-07-09 17:00:18 ET AMZN

Published on 07/09/2025 at 17:00

Key takeaways

Jeff Bezos, the founder of Amazon, recently sold about 3 million shares of the company over a two-day period. This earned him $665.8 million (€567 million). The deal is part of his previously announced plan to sell up to 25 million shares by May next year.

Bezos remains a major shareholder in Amazon. He owns more than 900 million shares worth about $200 billion (€170 billion) based on the company’s market capitalization.

Recent market activity

This sale follows another large share sale by Bezos at the end of last month, when he sold Amazon shares worth $736.7 million (€625.6 million).

Amazon shares recently experienced a “golden cross.” This is a technical indicator that points to potential bullish momentum. It occurs when a short-term moving average crosses above a longer-term moving average, which is often seen as a sign of an upcoming uptrend.

Investor sentiment and outlook

Analysts are optimistic about Amazon’s future. Some even predict further price increases. Despite concerns about the results of Prime Day, Amazon’s share price is currently trading at 91 percent of its 52-week high.

The golden cross, combined with declining short interest in the company, suggests potential for Amazon to reach—and perhaps even surpass—previous highs.

Bezos’ investments

Bezos often uses the proceeds from his share sales to fund various companies, including his space company Blue Origin. Although Blue Origin recently launched a rocket into orbit, it subsequently announced layoffs.

Despite these challenges, Bezos’ net worth remains enormous. He is still among the richest people in the world, according to Bloomberg and Forbes. (jv)