Outlook Business Desk
Amazon founder Jeff Bezos ownership in the e-commerce giant has fallen to 9% over the years, reflecting a steady decline from his initial stake at the company’s IPO.
A recent US Securities and Exchange Commission (SEC) filing, cited by TOI, shows that Jeff Bezos now holds 964.3 million Amazon shares with sole voting power and has the authority to sell approximately 883.3 million shares.
The latest SEC disclosure follows Bezos’ announcement to sell 25 million Amazon shares through May 2026. He has also contributed to multiple nonprofit organisations during this period.
Over the years, Jeff Bezos’ Amazon shareholding has steadily fallen from more than 43% at the 1997 IPO to 14.1% when he stepped down as CEO in 2021, selling $4.8 billion recently.
In November last year, Jeff Bezos held over 1 billion Amazon shares, or 10.1%, with the ability to sell 927.5 million. By February, his stake had fallen to 9.6%.
In July, Bezos sold about $737 million of Amazon stock, including 6.6 million shares on July 21 and 22, under a prearranged trading plan known as Rule 10b5-1.
Beyond Amazon, Jeff Bezos owns The Washington Post and space company Blue Origin. His net worth is $229.7 billion, ranking him as the world’s fourth richest person, according to Forbes.