Jeff Bezos settles his divorce with wife MacKenzie, giving her $32billion of his Amazon shares.
World’s richest man, Jeff Bezos and his wife MacKenzie have officially ended their 25 years marriage after settling their divorce.
Jeff, 55, will keep 75 percent of their Amazon stocks, leaving MacKenzie, 48, with just a quarter which represents a four percent stake in the company worth around $32billion at current value.
According to Daily Mail, Jeff’s 12 percent stake is now worth around $100billion which allows him to retain his title as the richest man in the world because he still has $4billion more than Bill Gates. He will also take voting control of her remaining quarter and has been given her stock in The Washington Post and Blue Origin.
The pair announced the details in tweets on Thursday afternoon. But there was no mention of how they will divide their sprawling property portfolio or other investments and why they did not divide them equally.
MacKenzie Bezos said she was “happy” to be giving her ex-husband 75 percent of their stock in Amazon along with voting control of her shares. She also relinquished to him all of her interests in The Washington Post and the Blue Origin aerospace company.
The settlement would make her among the five richest women in the world, according to estimates from Bloomberg and Forbes. She ranks behind Francoise Bettencourt Meyers and Alice Walton. Jacqueline Mars is also among the top 5.
According to a filing with the Securities and Exchange Commission, MacKenzie Bezos will retain shares representing about 4 percent of Amazon’s outstanding common stock, making her the third-biggest shareholder at the company, behind her ex-husband and Vanguard. He remains the richest person in the world, even after losing $35.6 billion in Amazon stock.
Amazon’s stock was down about 0.4% Thursday afternoon following the news.