Jeff Bezos To Give $35 Billion Of Amazon Stock To Ex-Wife In Divorce

Jeff Bezos

Amazon.com founder Jeff Bezos’ record-breaking $137 billion divorce has finally reached a verdict: The Amazon.com founder will retain 75% of Amazon stock and his now ex-wife, MacKenzie Bezos, will keep 4%, equaling to about $36 billion – a transaction that will make her the world’s third richest woman, according to Forbes Magazine.

MacKenzie, 48, will become the third-richest woman in the world, behind L’Oréal’s Francoise Bettencourt Meyers, who is worth an estimated $52.9 billion, and Walmart’s Alice Walton, who is worth $45 billion. When the deal is concluded, she will be wealthier than Nike founder, Phil Knight.

Jeff Bezos will retain his title as the world’s richest person, with a net worth estimated at more than $110 billion, as per stock prices on early Thursday afternoon. Microsoft founder Bill Gates is the world’s second-wealthiest individual, and boasts of a fortune estimated at $99.5 billion.

Jeff Bezos divorce settlement, when concluded, will very likely be the world’s largest divorce settlement in history. It will also be in the league of a select few divorces that have yielded billionaire spouses such as Steve and Elaine Wynn (Elaine received a $1 billion settlement), as well as Bill and Susan Gross (Susan received a $1.3 billion pay-off).

MacKenzie posted a tweet of her own om Thursday, saying, “Grateful to have finished the process of dissolving my marriage with Jeff from each other. … Happy to be giving him all my interests in the Washington Post and Blue Origin, and 75% of our Amazon stock plus voting control of my shares to support his continued contributions with the teams of these incredible companies.”

Jeff Bezos similarly posted a statement to his Twitter account on Thursday where he said, “In all our work together, MacKenzie’s abilities have been on full display. She has been an extraordinary partner, ally, and mother.”

Jeff and MacKenzie Bezos filed a petition for divorce on the 4th of April, and they expect an official decree to be issued in early July, they said in an SEC filing that outlined the transfer of shares. The filing noted that Jeff Bezos will continue to exercise voting control over MacKenzie’s shares, unless she sells them on the open market or gives them to qualifying nonprofits. However, if MacKenzie transfers shares, the recipient of the stock must sign a similar agreement granting Jeff Bezos voting control.

The billionaire couple announced their divorce in January, following 25 years of marriage. Their separation stirred a tabloid frenzy, as intimate text messages between Bezos and his romantic partner, Lauren Sanchez, a TV anchor, were leaked by the National Enquirer.

 

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