Breaking News

Bezos, wife agree to record divorce settlement of $36bn

NEW YORK: Amazon founder Jeff Bezos and his spouse, MacKenzie, finalised the biggest divorce agreement in historical past on Thursday, leaving him with 75% of their stock within the tech massive and giving her just about $36 billion in shares. MacKenzie Bezos said she would give all of her stake within the Washington Post and the space exploration firm Blue Origin to her husband in addition to vote casting keep watch over of her last Amazon stock.

By conserving 75% of the couple’s Amazon shares, or about 12% of the company, Bezos will possibly stay the richest person on the planet. His last stake within the firm used to be value nearly $110 billion. (Bill Gates, the second one wealthiest, is value $102 billion.) Bezos, 55, and MacKenzie, 48, a novelist, married in 1993 and feature 4 youngsters. Bezos founded Amazon of their Seattle garage in 1994 and grew to become it into a colossus that dominates online retail.

In a filing with america Securities and Exchange Commission, Amazon, which has a market capitalisation of some $890 billion, said MacKenzie will personal more or less 4% of the company’s stock. At Amazon’s current share price that may be value some $35.6 billion. According to Forbes magazine, the divorce agreement makes MacKenzie the 3rd wealthiest lady on the planet after L’Oreal heiress Francoise Bettencourt Meyers and Walmart’s Alice Walton.

Bezos and MacKenzie announced their separation in January and posted Twitter messages on Thursday revealing the divorce agreement. “Grateful to have finished the process of dissolving my marriage with Jeff with beef up from each and every other,” MacKenzie wrote. Bezos, in a Twitter message of his personal, said his spouse have been “an strange spouse, best friend, and mom”.

No comments