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posted by martyb on Sunday July 07 2019, @09:35PM   Printer-friendly
from the breaking-up-is-hard-to-do dept.

Jeff Bezos: World's richest man agrees $35bn divorce

The world's richest man, Amazon founder Jeff Bezos, and his wife MacKenzie have agreed [to] a record-breaking divorce settlement of at least $35bn (£27bn). Ms Bezos keeps a 4% stake in the online retail giant, worth $35.6bn on its own.

[...] Prior to the settlement, Mr Bezos held a 16.3% stake in Amazon. He will retain 75% of that holding but Ms Bezos has transferred all of her voting rights to her former husband. She will also give up her interests in the Washington Post newspaper and Mr Bezos' space travel firm Blue Origin.

Amazon is now [a] vast online retail business. Last year, it generated sales of $232.8bn and it has helped Mr Bezos and his family amass a fortune of $131bn, according to Forbes magazine.

[...] The divorce deal dwarfs a previous $3.8bn record set in 1999 by art dealer Alec Wildenstein and his wife Jocelyn, who became well-known for her cosmetic surgery.

MacKenzie Bezos (soon to be MacKenzie Tuttle?):

She is now the third-richest woman in the world, as well as one of the wealthiest overall.

Also at USA Today.

See also: MacKenzie Bezos to give half of her $36 billion fortune to charity

Previously: Jeff Bezos, Amazon CEO Worth $137 Billion, to Divorce Wife of 25 Years
Jeff Bezos Accuses National Enquirer of Blackmail
The Story Behind the Instant Classic "Bezos Exposes Pecker" Headline
Saudi Arabia's Government Allegedly Hacked Into Jeff Bezos's Phone


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  • (Score: 2) by RS3 on Monday July 08 2019, @02:09AM

    by RS3 (6367) on Monday July 08 2019, @02:09AM (#864287)

    Of course when Lauren Sánchez decides she wants half he will be giving up something.

    IANAL nor legal expert, but IIRC in most US states, if Bezos and Lauren Sánchez divorced, she would get 1/2 (maybe) of the marital assets gained during the divorce- not what he had going into the marriage. So if Bezos lost money, she might get nothing. And if he could prove in court that she caused the loss, well, I don't know, but in cases like this it's best if both have pre-nuptial agreements.

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