After the peak: Bezos sells Amazon shares worth $4.1 billion

Amazon founder Jeff Bezos is selling about 15 million shares worth approximately $4.1 billion, according to documents filed with the SEC. The sale comes after quarterly results beat expectations and sent the stock to a record high, with the company's market value crossing the $3 trillion mark yesterday. Amazon shares are currently down 2% on Wall Street. The company ended the second quarter of 2026 with revenue of $200.6 billion, with cloud revenue surging 37%.

Amazon founder Jeff Bezos is selling about 15 million shares of the company, with a total value of approximately $4.1 billion, according to documents filed with the U.S. Securities and Exchange Commission (SEC). The sale comes a day after the company's market value crossed the $3 trillion mark, following second-quarter results that beat expectations and sent the stock to a record high. Amazon shares are currently down 2% on Wall Street, falling below that threshold. The company ended the second quarter of 2026 with revenue of $200.6 billion, with cloud revenue surging 37%. Amazon is the fifth-largest company on Wall Street, behind Nvidia, Apple, Alphabet, and Microsoft, and ahead of Meta and Tesla. Since the start of the year, Amazon's stock has surged 23%, compared with an 11% rise in the S&P 500. According to the documents, Bezos intends to sell 15 million common shares with a total market value of approximately $4.07 billion, based on yesterday's closing price. It also shows that the shares were acquired as founder shares in 1994. CNBC notes that Bezos has regularly sold Amazon shares in recent years, often through pre-arranged plans. The SEC filing also noted that he donated 220,000 shares to nonprofit organizations in May.