Bezos’ Divorce is Finally Finalized

Amazon co-founder Jeff Bezos’ divorce from his wife of 25 years, MacKenzie Bezos, was settled by a Seattle-region judge on Friday, making ready for her to get $38.3 billion worth of Amazon stock, Bloomberg announced.

In April, Amazon, the world’s greatest online retailer, said in a documenting that 4% of its extraordinary stock or 19.7 million offers would be enrolled in MacKenzie Bezos’ name after court endorsement of the separation.

MacKenzie Bezos is officially the 22nd richest person on Earth now that her divorce from Jeff Bezos is complete. She sits atop a $39 billion fortune, according to @wealth. https://t.co/eBKioSQc2Q — Bloomberg (@business) July 6, 2019

The couple declared their arrangement to separate in a joint Twitter explanation in January, making some stress that Jeff Bezos could end up with reduced Amazon voting rights or that he or MacKenzie would liquidate a huge position.

He holds a 12% stake worth $114.8 billion and remains the world’s most extravagant individual, Bloomberg said. MacKenzie Bezos has said she would give him voting power of her shares.

MacKenzie in May agreed to give a large portion of her fortune to charity to join the “Giving Pledge,” a campaign declared by Warren Buffett and Bill Gates in 2010.

Source – Reuters

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