Thursday, April 25

Tag: Amazon equity

Amazon founder Bezos finalizes divorce with $38 bn settlement
News

Amazon founder Bezos finalizes divorce with $38 bn settlement

Amazon founder Jeff Bezos and MacKenzie Bezos finalized their divorce Friday to the tune of a USD 38-billion settlement. Under the agreement, MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company valued at USD 38.3 billion, and landing her richest woman in the world. Jeff Bezos, 55, will retain a 12 percent stake and remain the world's richest man. MacKenzie Bezos has said that she would give all of her stake in The Washington Post and the space exploration firm Blue Origin to her husband as well as voting control of her remaining Amazon stock. She has also promised to donate half her fortune to charity, joining the ranks of the world's ultra-wealthy philanthropists as a signatory of the Giving Pledge. ...