Amazon Founder Jeff Bezos Loses $17 Billion Following Company's Mixed Q2 Earnings

Benzinga
2025.08.04 08:25
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Jeff Bezos, founder of Amazon, lost $17 billion in net worth after the company's mixed Q2 earnings report, which led to an 8.27% drop in stock price. Despite beating sales and earnings estimates, concerns over slowing growth in the AWS cloud segment contributed to the decline. Bezos holds 884 million shares of Amazon, valued at $190 billion. Analysts criticized the market's reaction, citing capacity issues rather than poor performance. Bezos has sold 95 million shares in 2024 and 2025, netting $18.2 billion.

Jeff Bezos, the founder and Executive Chairman of Amazon.com Inc. AMZN, saw his net worth take a plunge, alongside the shares of his company, following its second quarter results last week.

What Happened: The fourth-richest man in the world, with a net worth of $237 billion, according to the Bloomberg Billionaires Index, lost $17 billion last week on Friday, from $254 billion the prior day, after investors were unimpressed with the company’s second-quarter earnings.

The stock was down 8.27% on Friday, following the company’s results, despite it beating consensus estimates on sales and earnings.

This was largely attributed to the slowing momentum in the company’s AWS cloud computing segment, which generated $10.2 billion in sales during the quarter, up 17.5% year-over-year, which fell short of consensus estimates at 20%.

Amazon shares currently constitute a significant chunk of Bezos’ net worth, with 884 million shares, or 8.3% of total shares outstanding, which, at the stock’s current market price, is valued at $190 billion. The rest of his fortune comprises Blue Origin, his space exploration company, which, being privately held, is valued at the cost of investment.

Why It Matters: According to analyst Eric Allen of Stealth, the market’s reaction to the company’s earnings was “totally wrong,” since this was a capacity issue, with Amazon unable to meet the growing demand for its AWS computing resources.

Amazon reported $167.7 billion in sales during the quarter, up 13% year-over-year, and ahead of consensus estimates at $161.9 billion. It posted a profit of $1.68 per share, which again beat analyst consensus estimates at $1.30.

Bezos has been consistently offloading his stake in the company he founded, having sold 95 million shares in 2024 and 2025 so far, with net proceeds of $18.2 billion.

Price Action: Shares of Amazon were down 8.27% on Friday, closing at $214.75, and are up 0.72% after hours.

  • Jeff Bezos Once Revealed Amazon Recruiters Ask These 3 Questions Because They Want To Set The Bar High: Could You Rise To The Challenge?

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