Sipu Jha
Amazon founder Jeff Bezos’ ownership in the e-commerce platform has declined to 9%, following a series of stock sales over the past years. In a new filing with the US Securities and Exchange Commission, the tech billionaire now holds 964.3 million shares of Amazon with sole voting power, and has the authority to dispose of around 883.3 million shares.The latest disclosure comes after Bezos announced plans to sell 25 million Amazon shares through May 2026 earlier this year. As per the SEC filings, he has also made several donations to nonprofit organizations.
Bezos’s ownership in Amazon over the years
Bezos’ shareholding has steadily declined over the years — from more than 43% when Amazon went public in 1997, to 14.1% when he stepped down as CEO in 2021. In the past two years, Jeff Bezos has sold around $4.8 billion worth of the company’s stocks.In November last year, Jeff Bezos owned over 1 billion shares, or 10.1% of the company, with the right to sell about 927.5 million of them. According to Amazon’s annual proxy filing, his stake later dropped to 9.6% in February this year.In July, he offloaded approximately $737 million worth of Amazon stock. In the same month, he sold another 6.6 million shares of the company. The transaction took place on July 21 and 22. The sale was executed under the prearranged trading plan known as Rule 10b5-1.Apart from Amazon, Jeff Bezos owns The Washington Post and Blue Origin, his space technology company. His net worth currently stands at $229.7 billion, according to Forbes, making him the world’s fourth richest person.
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