Tag Archives: Jeff Bezos divorce settlement terms

Amazon founder Bezos’ divorce final with $38 billion settlement – full details

Amazon.com Inc 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 according to Bloomberg. $38 Billion dollars!!

So how has that been achieved. Well back in April, Amazon, mentioned in a filing that 4% of its outstanding stock or 19.7 million shares would be registered in MacKenzie Bezos’ name after court approval of the divorce. 

The couple announced their plan to divorce in a joint Twitter statement in January, confirming that it was a mutual decision.

Jeff retains a 12% stake worth $114.8 billion and remains the world’s richest. MacKenzie Bezos has said she would give him voting control of her shares. 

However, nobody needs $38 billion. So 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 Corp.

Source – Reuters

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