Jeff Bezos is planning to sell up to 25 million shares of Amazon, valued at $4.8 billion, over the next year as part of a trading plan initiated in March. This decision follows the release of Amazon's first-quarter earnings report, which indicates potential instability due to President Donald Trump's newly announced tariffs. Although there was speculation that Amazon might display tariff costs to customers, this was clarified as incorrect after direct communication from Trump to Bezos. Since resigning as Amazon CEO in 2021, Bezos has focused on his ventures in space exploration with Blue Origin and environmental initiatives through his $10 billion climate fund. His personal life includes a recent spaceflight by his fiancée, Lauren Sanchez, on an all-female Blue Origin mission.

Jeff Bezos plans to sell up to 25 million shares of Amazon, amounting to approximately $4.8 billion, under a trading plan adopted on March 4. This sale occurs amid economic uncertainties arising from President Donald Trump's newly imposed tariffs.

Amazon's recent first-quarter earnings report reveals that the company is preparing for potential challenges linked to these tariffs, which could affect its business operations and consumer pricing strategies.

Speculation emerged that Amazon would display tariff impacts directly to consumers, but this was refuted after a personal call from Trump to Bezos, clarifying that no such display would be implemented.

Having stepped down as Amazon CEO in 2021, Bezos has redirected his focus towards his space exploration company, Blue Origin, and a substantial $10 billion fund dedicated to climate and biodiversity initiatives.

In his personal endeavors, Bezos's fiancée Lauren Sanchez participated in a notable all-female crew spaceflight with Blue Origin, underscoring Bezos's ongoing commitment to advancing space exploration through his company.

Amazon founder Jeff Bezos is making a big business move.

The 61-year-old Amazon founder plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday (May 2) via CNBC.

The top shareholder of the company stepped down as CEO in 2021, and is selling the shares as part of a trading plan adopted on March 4, per the filing.

The stocks would be worth about $4.8 billion at the current price.

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The disclosure comes a day after Amazon’s first-quarter earnings report, which showed the company is bracing for uncertainty related to President Donald Trump’s sweeping new tariffs, according to the news report.

A report earlier in the week claimed that Amazon planned to show shoppers the cost of the tariffs, until Trump personally called Jeff Bezos to complain, and Amazon clarified that no such change was coming.

Jeff previously sold about $13.5 billion worth of Amazon shares in 2024.

Since stepping down from Amazon, Jeff has spent more of his time on his space exploration company, Blue Origin, and his $10 billion climate and biodiversity fund.

His fiancée Lauren Sanchez recently went into space briefly on his Blue Origin company’s all-female crew space flight.