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HomeAll newsMost read newsBusiness Leaders Biography
Birthday : 01/12/1964
Place of birth : Albuquerque - United States
Linked companies : Amazon.com, Inc.
Biography : Founder of Amazon.com, Inc., Explore Holdings LLC and Blue Origin LLC, Jeffrey P. Bezos currently is

Amazon founder Bezos' divorce final with $38 billion settlement - report

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07/05/2019 | 08:58pm EDT
Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's

(Reuters) - Amazon.com Inc founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos, was finalised by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion (£30.6 billion) worth of Amazon stock, Bloomberg reported.

(Reuters) - Amazon.com Inc founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos, was finalised by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion (£30.6 billion) worth of Amazon stock, Bloomberg reported.

In April, Amazon, the world's biggest online retailer, said 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, causing some to worry that Jeff Bezos could wind up with reduced Amazon voting power or that he or MacKenzie would liquidate large position.

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

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 co-founder Bill Gates in 2010.

(Reporting by Maria Ponnezhath and Mekhla Raina in Bengaluru; Editing by Cynthia Osterman)

Stocks treated in this article : Microsoft Corporation, Amazon.com
Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM -1.68% 1757.51 Delayed Quote.19.01%
MICROSOFT CORPORATION -1.63% 137.41 Delayed Quote.37.53%
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