Jeff Bezos had a wedding to Lauren Sanchez costing $50 million, funded by recent sales of $5.7 billion in Amazon shares. His net worth is reported at $252 billion, ranking him the third richest person in the world. The shares were sold as part of a trading plan, with a total of $50 billion generated from sales since 2022. Amazon's stock has risen 28% in the last year. Bezos remains involved as Executive Chairman, with his legacy tied to Amazon's growth, including AWS, which now generates more income than its e-commerce operations. Future success is linked to investments in AI.
Since 2022, Bezos has sold $5 billion in shares, maintaining ownership of about 884 million shares, more than 8% of Amazon. His net worth is $252 billion.
Amazon's stock has surged 28% in the past year, outperforming the S&P 500, and the company is now valued at $2.5 trillion, making it the fourth most valuable company.
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