Jeff Bezos Gives $35 Billion to Ex-Wife in Divorce Proceedings
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Jeff Bezos Gives $35 Billion to Ex-Wife in Divorce Proceedings

Jeff Bezos

The world’s richest man – Jeff Bezos – and his wife MacKenzie Bezos’ divorce made headlines when they made the announcement of separating after 25 years of marriage.

Now, following weeks of anticipation and speculation, the terms of Jeff and MacKenzie’s divorce have been revealed.

As per the agreement, MacKenzie will give her now ex-husband 75% of their stock in Amazon, as well as the voting rights of her shares. She will maintain 25% of their shared stock, which equates to a 4% stake in the company. That’s about $35 Billion worth of stock. This agreement makes MacKenzie the third richest woman on the planet according to Forbes.

MacKenzie took to Twitter on Thursday to explain the terms of their settlement, and thank all the individuals who have shared kind messages with them throughout the process. She noted that she looks forward to the next chapter of her and Jeff’s relationship as “co-parents and friends.”

MacKenzie also noted in the post that she will waive all her interests in The Washington Postthe newspaper her ex-husband purchased in 2013, as well as aerospace company Blue Origin, so Jeff Bezos may “support his continued contributions with the teams of these incredible companies.” Jeff echoed his ex-wife’s amicable spirit when he announced the news on Twitter, explaining he is “grateful for her support and for her kindness in this process.”

Jeff and MacKenzie met while they were both working at D. E. Shaw, a New York-based hedge fund. Shortly after getting married, they moved to Pacific North West, Seattle, where Jeff ultimately launched Amazon. MacKenzie worked at the company for a brief time prior to shifting her focus on raising their four children.

According to many reports, the reason behind the divorce was that Jeff Bezos had been unfaithful to his wife, cheating on her with TV presenter Lauren Sanchez. Bezos accused the tabloid of trying to extort him.

Megha Shah
Megha Shah
A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!