Latest News

  • Home
  • Global
  • World's richest man Jeff Bezos finalised the biggest divorce settlement in history!
World's richest man Jeff Bezos finalised the biggest divorce settlement in history!
Monday, April 8, 2019 IST
World

Amazon founder Jeff Bezos and his wife, MacKenzie, finalised the biggest divorce settlement in history on Thursday, leaving him with 75 per cent of their stock in the tech giant and giving her nearly $36 billion in shares.

 
 

MacKenzie Bezos said she would give all of her stake in The Washington Post and the space exploration firm Blue Origin to her husband–the world’s richest man–as well as voting control of her remaining Amazon stock.
 
Jeff Bezos, 55, and MacKenzie, 48, a novelist, married in 1993 and have four children. Jeff Bezos founded Amazon in their Seattle garage in 1994 and turned it into a colossus that dominates online retail.
 
In a filing with the US Securities and Exchange Commission, Amazon, which has a market capitalisation of some $890 billion, said MacKenzie Bezos will control four percent of the company’s outstanding common stock.
 
According to Forbes magazine, the divorce settlement makes MacKenzie Bezos the third wealthiest woman in the world after L’Oreal heiress Francoise Bettencourt Meyers and Walmart’s Alice Walton.
 
Jeff Bezos, who now owns 12 percent of Amazon, remains the world’s richest man and the largest shareholder in the company with an estimated fortune of $110 billion, Forbes said, ahead of Microsoft co-founder Bill Gates and Berkshire Hathaway chairman Warren Buffett.
 
Jeff and MacKenzie Bezos announced their separation in January and posted Twitter messages on Thursday revealing the divorce settlement.
 
“Grateful to have finished the process of dissolving my marriage with Jeff with support from each other and everyone who reached out to us in kindness,” MacKenzie Bezos wrote.
 
“Happy to be giving him all of my interests in the Washington Post and Blue Origin, and 75% of our Amazon stock plus voting control of my shares to support his continued contributions with the teams of these incredible companies,” she said.
 
“Excited about my own plans. Grateful for the past as I look forward to what comes next.”
 
Jeff Bezos, in a Twitter message of his own, said his wife had been “an extraordinary partner, ally, and mother.”
 
“She is resourceful and brilliant and loving, and as our futures unroll, I know I’ll always be learning from her,” he said.
 
“I’m grateful for her support and for her kindness in this process and am very much looking forward to our new relationship as friends and co-parents,” Bezos added.
 
Bezos has largely kept his personal life private during his years steering Amazon.
 
But it was thrust into the spotlight with the announcement in January that he and his wife were divorcing after 25 years of marriage and the revelation by the National Enquirer that he had been having an affair with a former news anchor, Lauren Sanchez.

 
 

When the National Enquirer, controlled by President Donald Trump’s ally David Pecker, threatened to release lurid, intimate pictures of Bezos and Sanchez, Bezos fought back by releasing the details of his exchanges publicly.
 
“Rather than capitulate to extortion and blackmail, I’ve decided to publish exactly what they sent me, despite the personal cost and embarrassment they threaten,” Bezos wrote in a blog post.
 
A lawyer for the National Enquirer denied that the supermarket tabloid had tried to extort and blackmail the Amazon founder.
 
Trump has been a frequent critic of the Post, which Bezos purchased in 2013, claiming that the newspaper is biased against him and calling it the “Amazon Washington Post.”
 
Amazon shares closed down 0.1 percent at $1,818.86 on Thursday.

 
 
 
 
 

Related Topics

 
 
 

Trending News & Articles

 Article
'Worse than prison': A rare look inside China's detention camps to 'brainwash' Muslims

ALMATY: Hour upon hour, day upon day, Omir Bekali and other detainees in far western China's new indoctrination camps had to disavow the...

Recently posted . 209K views . 1 min read
 

 Article
What The Shape Of Your Belly Button Says About Your Health

If you have payed attention to the belly buttons of people on the beach or the members of your family, you have probably noticed that they have different shapes and...

Recently posted . 10K views . 2 min read
 

 Article
New ‘Langya’ virus hits China as 35 people found infected: How deadly is it?

The Langya henipavirus has a place with a similar group of infections, including Nipah, which is known to kill up to 3/4 of people in extreme cases.

Recently posted . 5K views . 1 min read
 

 Article
Queen Elizabeth Dies At 96: The New Royal Line Of Succession

Queen's death: The eldest of her four children, Charles, Prince of Wales, who at 73 was the oldest heir apparent in British history, became king immediately...

Recently posted . 5K views . 1 min read
 

 
 

More in Global

 Article
Five Reasons Why Buying Wholesale Furniture Online is the Best Decision Ever

Furniture is an essential part of our homes. We spend a lot of time in our living rooms, bedrooms, kitchens, and offices- all areas that are typically furnished wit...

Recently posted. 830 views . 1 min read
 

 Article
ELON MUSK STILL WANTS TO DROP NUCLEAR BOMBS ON MARS; RELEASES ‘NUKE MARS’ T-SHIRT

Back in 2015, Elon Musk had suggested a fast way of making Mars habitable was to drop nukes on its poles  

Recently posted. 741 views . 0 min read
 

 Article
The 5 Stages Of Love In Relationships — And Why So Many Couples Break Up After The Third

All long-term couples go through the same five stages of a relationship: falling in love, becoming a couple, and then, the third stage — becoming disillusio...

Recently posted. 1K views . 1 min read
 

 Video
32 Secret Combinations on Your Keyboard



Recently posted . 1K views
 

 Video
If You've Been Rejected, Watch This



Recently posted . 979 views
 

 Photo
10 Amazing Rare Cloud Formations in Images



Recently posted . 2K views
 

 Reviews
The Best 5 Camping Tents in India 2018 – Reviews & Buying Guide



Recently posted . 3K views . 99 min read
 

 Article
Why the Way We Define Kilogram, Metres and Seconds Changed on May 20

May 20, 2019, marks one of the biggest shake-ups in the history of measurement – and the new standards on how we define units of mass, length, time and so on ...

Recently posted. 955 views . 1 min read
 

 Article
North Korea says it has suspended nuclear, missile testing

SEOUL: North Korea said Saturday it has suspended nuclear and long-range missile tests and plans to close its nuclear test site.

Recently posted. 697 views . 1 min read
 

 
 
 

   Prashnavali

  Thought of the Day

“Happiness is not something you postpone for the future; it is something you design for the present.”
Jim Rohn

Be the first one to comment on this story

Close
Post Comment
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


ads
Back To Top