Bezos Billions: Amazon Stock Selloff, Venice Vows, and Trump Dinner Date
May 04, 2025 · 3 min
Jeff Bezos BioSnap a weekly updated Biography.Jeff Bezos is making headlines on multiple fronts this week. Amazon’s executive chairman is set to sell up to 25 million shares of Amazon stock, an estimated $4.8 billion at current prices, according to recent SEC filings reported by Fox Business and The Independent. This planned sale, operating under a 10b5-1 trading plan adopted in March, allows Bezos to divest the shares by May 2026. The move comes as Amazon navigates post-election trade uncertainty and grapples with new tariffs imposed by the Trump administration. Observers note Amazon’s latest quarterly report showed a healthy 9 percent year-over-year net sales jump, but also flagged economic “recessionary fears”—a context making Bezos’ liquidity move especially noteworthy. With Forbes pegging his fortune at just over $205 billion, Bezos remains the world’s second-richest person, behind only Elon Musk.Outside the boardroom, Bezos’ personal life is drawing just as much attention. The tech titan and his fiancée Lauren Sánchez made their first public appearance since Blue Origin’s latest spaceflight controversy at the Stagecoach Music Festival. Despite criticism from celebs like Olivia Munn over the environmental impact of space tourism, Bezos and Sánchez appeared relaxed, hand-in-hand and dressed in festival chic. All eyes are turning to Venice, Italy, where the couple is preparing for a spectacular three-day wedding in late June. The event, centered on Bezos’ $500 million sailing yacht Koru, is expected to bring 200 A-list guests to the Venetian lagoon, and local officials have assured the city will respect its fragile heritage. Sánchez recently made fashion waves at the 2025 Breakthrough Prize Ceremony, donning a vintage John Galliano dress once worn by Sophia Loren—social media buzzed both over her look and possible hints of tension between her and Bezos, though friends insist the couple is focused solely on wedding prep.Meanwhile, on the business and political circuit, Bezos reportedly had dinner with Donald Trump after the former President praised his push for editorial shifts at The Washington Post. This surprising détente follows public protests in Baltimore targeting Bezos’ perceived coziness with Trump and ongoing criticism over his business empire's vast influence. On the innovation front, Bezos continues to funnel capital into artificial intelligence ventures—including robotics and fintech startups—while Amazon’s Project Kuiper notched its first UK military contract. The Bezos Learning Center at the Smithsonian nears construction, propelled by his $200 million donation. The week’s big stories: a giant Amazon selloff, high society wedding countdown, and Bezos doubling down on moonshot ventures while navigating political and public scrutiny.Get the best deals https://amzn.to/3ODvOta