Billionaire Jeff Bezos has sold a staggering $737 million worth of Amazon shares just days after his highly publicized wedding to Lauren Sanchez in Venice, Italy. The three-day event, attended by celebrities and business elites, reportedly cost around $50 million and drew criticism from some locals over its opulence and disruption.

The timing of the stock sale raises eyebrows—but for Bezos, it’s all part of a larger plan.
The Amazon founder previously stated his intention to liquidate roughly $1 billion in Amazon shares annually to support Blue Origin, his ambitious space exploration venture. This latest divestment continues that trajectory, offering further capital to fuel private space missions and related innovations.

Education remains another key focus of Bezos’ post-Amazon mission.
Portions of his stock sales also benefit Day 1 Academies, a nonprofit initiative aimed at building a nationwide network of Montessori-inspired preschools. The program is part of his broader Day One Fund, which also supports homeless families.

Celebrations aside, Bezos is still firmly in the elite billionaire circle.
With a net worth hovering around $240 billion, he currently ranks third on Bloomberg’s Billionaires Index—behind only Elon Musk at $363 billion and Mark Zuckerberg at $260 billion. Despite stepping down as Amazon’s CEO, his financial influence and long-term ambitions remain front and center.

Critics may question the extravagance, but Bezos appears to be balancing personal milestones with future-forward investments.
Whether it’s laying the foundation for early childhood education or reaching beyond Earth’s orbit, the mogul is channeling his wealth into legacy-defining ventures.

Source: CNBC — Jeff Bezos sells $737 million worth of Amazon shares