Amazon founder and executive chair Jeff Bezos sold shares worth almost $737 million in the e-commerce giant in late June, according to a regulatory filing on Tuesday.

(AMZN) founder Jeff Bezos has sold shares in the company worth $736.7 million, according to a financial filing on Tuesday. Bezos, who stepped down as Amazon CEO in 2021 and is currently the chairman of the company's board,

Jeff Bezos recently sold approximately $737 million worth of Amazon stock, executed under a prearranged trading plan (Rule 10b5-1). This sale, involving around 3.3 million shares, coincided with Bezos' wedding in Italy.