Bezos Sells $350 Million in Amazon Stock Amid Record High
Jeff Bezos has sold nearly $350 million worth of Amazon stock, marking his first such transaction of the year. The sale occurred as Amazon's shares hit an all-time high on Monday, August 4, 2026, following the company's achievement of a $3 trillion market cap. Bezos remains Amazon's largest individual shareholder, holding an 8.16% stake valued at $245 billion.
The transaction was disclosed in a Form 4 regulatory filing with the U.S. Securities and Exchange Commission after Wednesday's trading close. This sale is part of a larger planned disposition announced earlier, where Bezos intended to sell up to 15 million shares worth over $4 billion. Amazon's recent surge in stock value, up 17.6% year-to-date, has significantly boosted Bezos' net worth to an estimated $292 billion, according to the Bloomberg Billionaires Index.
Bezos has been actively selling Amazon shares in recent years, having unloaded more than $38 billion in shares since 2020. In 2024 alone, he sold over $8.5 billion in stock across nine trading days. Additionally, he has donated Amazon shares worth more than $1 billion to charitable organizations since the start of 2025. The sale comes amid a historic rally for Amazon, driven by strong performance in its cloud-computing unit, Amazon Web Services.
Retail sentiment on Stocktwits has been 'extremely bullish' with 'extremely high' message volumes, as investors speculate on Bezos' future moves. Amazon stock has gained 18% year-to-date, reflecting robust investor confidence in the company's growth prospects.