Amazon.com Inc founder and CEO Jeff Bezos’ got divorced from his wife, MacKenzie Bezos from their 25 year wedding, by a Seattle-area judge on Friday. Further, giving way for her to receive a whopping $38.3 billion worth of Amazon stocks.
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. In addition, that he or MacKenzie would liquidate large position.
“The major thing for billionaires is that most of the time, their assets are very complex and mostly illiquid – with Bezos, a lot of his assets are linked to Amazon stock”. Jacquel Newman, matrimonial law attorney and managing partner of Berkman Bottger Newman & Rodd, LLP.
MacKenzie stands 22nd on the world’s Richest Table
In April, Amazon, in a filing that 4% of its outstanding stock or 19.7 million shares will be in MacKenzie Bezos’ name after court approval of the divorce. Likewise, which is about one-quarter of the shares the two own together.
She will be receiving $38 billion, making her one of the top five richest women in the world and one of Amazon’s largest shareholders. In Bloomberg’s report she would be 22nd on its Bloomberg Billionaires index. Jeff Bezos will retain a 12 percent stake worth around $114.8 billion. He will remain the world’s richest person, according to Bloomberg.
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.
Jeff Bezos commended his wife for her philanthropy.
“MacKenzie is going to be amazing and thoughtful and effective at philanthropy, and I’m proud of her,” Bezos tweeted. “Her letter is so beautiful. Go get ‘em MacKenzie.”
Also, read about Rivian: Tesla Like Pickup Trucks To Roll Out By 2020