Jeff Bezos could sell as much as 25 million of his Amazon shares, potentially raking in about $4.75 billion, the company revealed in a recent regulatory filing.
The move comes at a time of mounting economic pressures for Amazon, which continues to navigate volatile global trade dynamics under U.S. President Donald Trump's tariff regime.
At Amazon's current stock price, this would amount to nearly $4.75 billion in value, as mentioned in a report by Newsweek.
Bezos, who retired as CEO in 2021 but still serves as executive chair, now owns around 909 million shares—around 8.58% of Amazon's outstanding stock, as per Yahoo Finance.
Even after the planned sale, he would still maintain considerable control and influence over the company he founded in 1994.
In its latest quarterly report, Amazon identified "unpredictable fluctuations in global trade and tariff policies" as a pending issue.
The site is a key point of entry for Chinese vendors in Western economies and is greatly dependent on China-based suppliers for finished products and parts.
With retaliatory tariffs still playing out between the U.S. and its trading partners, the specter of rising costs for goods hangs over Amazon and its customer base.
This provoked a sharp reaction from the White House, which branded the suggestion a "hostile and political act."
President Trump then said that he had spoken directly to Bezos about the matter. "Jeff Bezos was very good. He was great. He quickly fixed the problem," Trump said to the press.
"He did a great thing, and he is a good person."
The incident reflects the political delicacy that encircles communications relating to tariffs and the careful balancing act performed by companies while trying to provide customers with openness without provoking the wrath of the government.
Other big-box retailers, such as Amazon rivals Temu and Shein, have already blamed tariffs for prices going up.
As per Rob Lalka, a Tulane University professor, the quick response of the administration to Amazon's pricing strategy shows concern about companies channeling customer discontent.
"Tariffs inject uncertainty, and businesses like Amazon are supposed to take the hit while keeping consumers in the know, without crossing political red lines," Lalka said, as quoted in a report by Newsweek.
After a few months of tense interactions, Bezos congratulated Trump on his election victory, invited him to Mar-a-Lago for a private dinner, and even held off on a scheduled editorial endorsement of then-Vice President Kamala Harris by The Washington Post, which Bezos owns.
Bezos also showed up at Trump's inauguration last month, sitting in a prominent seat behind the president with other tech leaders.
The rest of the business community is still skeptical, however, as the administration's take-it, take-it-again approach to tariffs keeps investors scrambling to adjust market predictions.
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Share Sale Plan Revealed
The online retail giant, in a Securities and Exchange Commission (SEC) filing, said Bezos may sell as much as 25 million shares "over a period ending on May 29, 2026, subject to certain conditions."At Amazon's current stock price, this would amount to nearly $4.75 billion in value, as mentioned in a report by Newsweek.
Bezos, who retired as CEO in 2021 but still serves as executive chair, now owns around 909 million shares—around 8.58% of Amazon's outstanding stock, as per Yahoo Finance.
Even after the planned sale, he would still maintain considerable control and influence over the company he founded in 1994.
Trade Tensions Add Economic Headwinds
Amazon's news comes amidst ongoing trade volatility ignited by President Trump's tariff initiatives, which have been admitted to be directly affecting the company's business.In its latest quarterly report, Amazon identified "unpredictable fluctuations in global trade and tariff policies" as a pending issue.
The site is a key point of entry for Chinese vendors in Western economies and is greatly dependent on China-based suppliers for finished products and parts.
With retaliatory tariffs still playing out between the U.S. and its trading partners, the specter of rising costs for goods hangs over Amazon and its customer base.
Tariffs and Pricing Transparency Controversy
Earlier this year, news broke that Amazon was mulling showing tariff prices in addition to product prices on its Haul platform, a feature that is distinct from its core site.This provoked a sharp reaction from the White House, which branded the suggestion a "hostile and political act."
President Trump then said that he had spoken directly to Bezos about the matter. "Jeff Bezos was very good. He was great. He quickly fixed the problem," Trump said to the press.
"He did a great thing, and he is a good person."
The incident reflects the political delicacy that encircles communications relating to tariffs and the careful balancing act performed by companies while trying to provide customers with openness without provoking the wrath of the government.
Inflation Fears and Industry Consequences
Widely persistent import taxes will tend to push consumer prices up and further increase inflationary forces, economists warn.Other big-box retailers, such as Amazon rivals Temu and Shein, have already blamed tariffs for prices going up.
As per Rob Lalka, a Tulane University professor, the quick response of the administration to Amazon's pricing strategy shows concern about companies channeling customer discontent.
"Tariffs inject uncertainty, and businesses like Amazon are supposed to take the hit while keeping consumers in the know, without crossing political red lines," Lalka said, as quoted in a report by Newsweek.
Bezos Aligns Closer With Trump
In recent weeks, Jeff Bezos has gone out of his way to try to repair his relationship with President Trump.After a few months of tense interactions, Bezos congratulated Trump on his election victory, invited him to Mar-a-Lago for a private dinner, and even held off on a scheduled editorial endorsement of then-Vice President Kamala Harris by The Washington Post, which Bezos owns.
Bezos also showed up at Trump's inauguration last month, sitting in a prominent seat behind the president with other tech leaders.
The rest of the business community is still skeptical, however, as the administration's take-it, take-it-again approach to tariffs keeps investors scrambling to adjust market predictions.
