Bezos, Huang, Dell, Zuckerberg - who cashed out the most in 2025?
Investing.com -- Billionaire founders, CEOs, and directors of major tech companies sold more than $16 billion worth of shares in 2025, with Amazon’s Jeff Bezos leading the pack.
Bezos topped the list by selling 25 million Amazon shares worth $5.7 billion, according to data from Washington Service tracking insider sales through December 30. The Amazon chair executed these sales under a pre-arranged 10b5-1 trading plan that coincided with his wedding to Lauren Sanchez. This brings his total stock sales since 2002 to over $50 billion.
Former Oracle CEO Safra Catz ranked second, selling 12.5 million shares valued at $2.5 billion. Catz, who stepped down as CEO in September to become vice chair of the board, exercised and sold performance-based stock options received earlier in the year.
Michael Dell of Dell Technologies sold over 16.2 million shares worth $2.2 billion. Unlike most other executives on the list, Dell did not use a 10b5-1 plan for his transactions, which occurred in June and October. Dell and his wife recently announced a $6.25 billion donation to launch "Trump Accounts" for 25 million American children.
Nvidia CEO Jensen Huang sold 6 million shares for over $1 billion as the company became the world’s first $4 trillion company in July and first $5 trillion company in October.
Arista Networks CEO Jayshree Ullal sold 7.56 million shares worth $975.8 million. Despite these sales, most of her $6.1 billion net worth remains tied to her 2.4% stake in the company.
Meta CEO Mark Zuckerberg and his associated charitable initiatives sold 1.38 million shares worth $944.8 million. Zuckerberg has previously stated his intention to donate 99% of his Meta shares during his lifetime.
The sales coincided with mega-cap tech companies leading a disproportionate share of U.S. stock market gains in 2025. Nearly all the top sellers used 10b5-1 trading plans, which signal selling intentions in advance.
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