Jeff Bezos  in grey suit
Jeff Bezos plans to sell off billions in Amazon shares, a Tuesday securities filing revealed.
  • Jeff Bezos filed a plan to sell 25 million Amazon shares worth nearly $5 billion on Tuesday.
  • Bezos' move follows Amazon stock hitting a record of $200.43 and a $2 trillion market cap last week.
  • Bezos, the world's second-richest person, still holds over 900 million Amazon shares.

Jeff Bezos is cashing out some of his Amazon shares as the stock hit an all-time high this week.

The Amazon cofounder filed a notice with the SEC to sell 25 million Amazon shares worth close to $5 billion on Tuesday.