Amazon founder Bezos' divorce final with $38 billion settlement: report
The couple announced their plan to divorce in a joint Twitter statement in January
File photo of Amazon CEO Jeff Bezos and wife MacKenzie Bezos. PHOTO: REUTERS
Amazon.com founder Jeff Bezos’ divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported.
In April, Amazon, the world’s biggest online retailer, said in a filing that 4 per cent of its outstanding stock or 19.7 million shares would be registered in MacKenzie Bezos’ name after court approval of the divorce.
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The couple announced their plan to divorce in a joint Twitter statement in January, causing some to worry that Jeff Bezos could wind up with reduced Amazon voting power or that he or MacKenzie would liquidate a large position.
He retains a 12 per cent stake worth $114.8 billion and remains the world’s richest person, Bloomberg said. MacKenzie Bezos has said she would give him voting control of her shares.
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MacKenzie in May pledged to give half her fortune to charity to join the “Giving Pledge,” a campaign announced by billionaire Warren Buffett and Microsoft co-founder Bill Gates in 2010.