According to a financial filing, Amazon founder Jeff Bezos has unloaded some 3.3 million shares of his company. This sale is valued at around $736.7 million.Why It MattersAccording to the Bloomberg Billionaires Index,

The sale is part of a prearranged trading plan that will let Amazon founder Jeff Bezos sell up to 25 million shares through May 2026.

Jeff Bezos, founder and executive chair of Amazon.com, was planning to do more than exchange vows on his wedding day, June 27. According to a regulatory form he filed Friday, he also intended to sell 25 million shares of the e-commerce and cloud company for $5.4 billion, an average price of $217.12 each.