Tech billionaires cash out $16B in 2025: who are the top sellers?

About US$16 billion was transferred from corporate shareholdings into the personal accounts of some of the technology industry’s most influential figures, according to an analysis by Bloomberg.

The biggest gainer was Jeff Bezos, chairman and founder of U.S. e-commerce giant Amazon, who sold about $5.7 billion worth of Amazon shares in June and July, timing the transactions alongside personal milestones.

He may put proceeds into real estate, his rocket company Blue Origin, venture investments (including in robotics) and the new AI startup Project Prometheus, according to Forbes.

CEO of Oracle, Safra Catz, followed with approximately $2.5 billion in stock sale as the company benefited from strength in cloud and database software.

Michael Dell, chairman and CEO of Dell Technologies, sold around $2.2 billion in Dell Technologies shares amid rising demand for AI servers and infrastructure.

Nvidia CEO Jensen Huang sold about $1 billion worth of shares as the company reached a $5 trillion market capitalization.

Arista Networks CEO Jayshree Ullal also sold close to $1 billion as demand for networking equipment boosted her net worth beyond $6 billion.

Market conditions played a central role in these sales. Throughout 2025, both the Nasdaq Composite and the S&P 500 Information Technology index repeatedly reached new highs, driven by heavy investment in artificial intelligence infrastructure, cloud services and advanced networking.

With valuations climbing to unprecedented levels, executives were able to reduce portions of their holdings without undermining confidence in their companies’ long-term prospects.

Analysts say other factors drove the wave of sales. Portfolio diversification is a key consideration for executives whose wealth is heavily concentrated in a single company’s shares.

At the core of the surge in valuations was the artificial intelligence boom. Strong demand for semiconductors, cloud infrastructure, data center networking and AI software pushed major technology stocks to new highs.