$35bn Divorce Settlement For Jeff Bezos – World’s Richest Man

A record breaking divorce settlement of at least $35bn (£27bn) would make the wife of Amazon founder Jeff Bezos, MacKenzie, amongst the richest woman in the world.

Bezos is the richest man of the world currently. He owns a 4 per cent stake in amazon.com –  the largest e-commerce platform of the world, which translates to a value of $35.6bn on its own. The online retail company was initiated by Bezos in Seattle in 1994 after a year into their marriage and one of the first employees of the company was Bezo’s wife herself.

In relation to the announced settlement, both Bezos and his wife made positive comments about each the other in tweets. No further financial details of the divorce was provided by the duo.

According to Forbes, MacKenzie Bezos would become the third richest woman of the world just by the valuation of the Amazon shares alone. And even after parting with a huge amount, Jeff Bezos would continue to be the richest person in the world.

Jeff Bezos, 55, and MacKenzie, 48, a novelist, married in 1993 and have four children.

MacKenzie Bezos said that she was “grateful to have finished the process of dissolving my marriage to Jeff with support from each other” in a tweet that was her only one since joining the microblogging website this month.

Jeff Bezos tweeted back: “I’m so grateful to all my friends and family for reaching out with encouragement and love… MacKenzie most of all.” The tweet concluded with: “She is resourceful and brilliant and loving, and as our futures unroll, I know I’ll always be learning from her.”

Before the divorce settlement, 16.3 per cent of Amazon was owned by Jeff Bezos.  Following the settlement, he would continue to own 75 per cent of that holding but all of her voting rights have been transferred to Jeff Bezos by his wife. Hr share in the Washington Post newspaper and in the space travel firm Blue Origin would also be given up by her.

Amazon is now vast online retail business. According to Forbes magazine, sales of $232.8bn were generated by amazon.com last year, and the valuation of the company has helped Jeff Bezos and his family to own a total wealth of $131bn, according to Forbes magazine.

MacKenzie Bezos is a successful novelist and has written two books – The Testing of Luther Albright and Traps. Pulitzer Prize-winning author Toni Morrison was her teacher at Princeton University, who once said of her pupil that she was “one of the best students I’ve ever had in my creative-writing classes… really one of the best”.

It has been reported that currently Jeffr Bezos is in a relationship with former Fox TV host Lauren Sánchez.

Details, including private messages, of an extramarital affair with Sánchez of Jeff Bezos, were published by a US tabloid magazine soon after the announcement of in January of the divorce of the couple.

The publisher of the magazine, American Media Incorporated, has been accused of blackmail by Jeff Bezos. The charges have been denied by the publisher denies the claim.

(Adapted from BBC.com)

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Categories: Entrepreneurship, Regulations & Legal, Uncategorized

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