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how much was bezos divorce settlement

by Lesley Bayer Published 3 years ago Updated 2 years ago
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$38 billion

Full Answer

How much of Amazon stock does Bezos own?

According to a filing with the Securities and Exchange Commission, MacKenzie Bezos will retain roughly 4 percent of Amazon's outstanding common stock, worth about $35.6 billion, which will make her the third-biggest shareholder at the company, CNBC reported.

How many kids does Jeff Bezos have?

The couple, who married in 1993 and have four children, said they look forward to their new relationship as co-parents. "I’m so grateful to all my friends and family for reaching out with encouragement and love. It means more than you know. MacKenzie most of all," Jeff Bezos said.

Is Jeff Bezos divorced?

Amazon's founder and chief executive Jeff Bezos and his wife, MacKenzie Bezos, have reached a divorce settlement. The world's wealthiest person, whose portfolio includes The Washington Post, and MacKenzie Bezos announced the dissolution of their marriage in separate statements on Twitter. MacKenzie Bezos said she will give Jeff Bezos all ...

Did Bezos and Bezos make separate announcements?

The powerful business executive and MacKenzie Bezos made separate announcements on Twitter.

When will the divorce decree be issued?

They expect an official divorce decree to be issued in early July, the SEC filing states.

Did Jeff Bezos have an affair with Lauren Sanchez?

9 they would divorce. Hours later, the National Enquirer posted a short story on its website saying that Jeff Bezos was having an affair with former television host Lauren Sanchez. The following day, the tabloid devoted 11 pages to a story in its print edition on the relationship.

How much does MacKenzie Bezos get from Amazon?

As part of the settlement, MacKenzie Bezos will get 25% of the couple’s Amazon stock, according to an April securities filing. That should give her a 4% stake in the company, which will amount to around $38 billion. Even with the settlement, Jeff Bezos, the CEO and founder of Amazon (AMZN), is currently the richest individual in ...

When will Jeff Bezos quit Amazon?

Jeff Bezos said February 1, 2021, he would give up his role as chief executive of Amazon later this year as the tech and e-commerce giant reported a surge in profit and revenue in the holiday quarter.

How much did Amazon's revenue jump?

The announcement came as Amazon reported a blowout holiday quarter with profits more than doubling to $7.2 billion and revenue jumping 44 percent to $125.6 billion. (Photo by Patrick T. Fallon/AFP/Getty Images) In an interview with CNN in 1999, Amazon founder Jeff Bezos said he was surprised by Amazon's success.

When did Jeff Bezos tell CNN he was surprised by Amazon's success?

In an interview with CNN in 1999 , Amazon founder Jeff Bezos said he was surprised by Amazon's success. Now playing. 04:06. In 1999 Jeff Bezos told CNN he was surprised about Amazon's success. Now playing.

Who will keep voting control over MacKenzie's shares?

Jeff Bezos will keep voting control over MacKenzie’s shares. He’ll also maintain all his interests in the Washington Post and Blue Origin, a private space company.

Where is the Amazon mezzanine?

The pack mezzanine is seen during a tour of Amazon's Fulfillment Center, September 21, 2018 in Kent, Washington. A man works at a distrubiton station at the 855,000-square-foot Amazon fulfillment center in Staten Island, one of the five boroughs of New York City, on February 5, 2019. - Inside a huge warehouse on Staten Island thousands ...

Who is Jeff Bezos' wife?

REUTERS/Danny Moloshok. (Reuters) - Amazon.com Inc AMZN.O founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos , was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported.

Did Bezos give him voting control of her shares?

MacKenzie Bezos has said she would give him voting control of her shares. 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 MSFT.O co-founder Bill Gates in 2010.

What does it mean when Jeff and Mackenzie announce their divorce?

Usually, when couples do this, it means that they have been working on the separation for quite some time. It also states that their lawyers – including their public relations teams – are working together to manage the attention of the public. Aside from wanting to minimize bad publicity, the couple also seems intent to let the world know that they are going about their divorce as civilly as possible.

When did Mackenzie and Jeff get married?

Jeff and Mackenzie married in 1993, a time when prenups were not that usual. However, if they did draft one, then that prenup could not have anticipated the kind of wealth that they have today. So,regardless if there is a prenup, the court may not consider its terms as just or fair, since the couple’s situation is considerably different now than when they drafted it. The prenup may not be as enforceable in this situation.

Does Mackenzie get alimony?

As for alimony, it can be hard to imagine a situation wherein Mackenzie gets alimony. You must consider the amount involved in the case. If, for example, she gets around 1 billion dollars, the interest alone would cover any conceivable family and lifestyle expenses. Both parties will have legal teams and a lead lawyer.

Is Jeff Bezos divorced?

18 Jan 2019. Amazon.com Inc founder and Chief Executive Jeff Bezos, who also happens to be the wealthiest person in the world, is in the midst of getting a divorce with his wife of 25 years, Mackenzie Bezos.

The split

Jeff and MacKenzie Bezos jointly announced their divorce via Twitter on Jan. 9, saying they decided to split "after a long period of loving exploration and trial separation." The message said they plan to remain friends. The couple married 25 years ago, the year before Bezos founded Amazon.

The settlement

In early April, Jeff and MacKenzie Bezos announced, via Twitter, a divorce settlement in which MacKenzie will receive 25% of Jeff Bezos' stake in Amazon. She's expected to be worth about $35 billion and will become one of Amazon's four biggest shareholders.

What's the president's take?

Yes, even Trump has a take on this divorce. Trump has often showed his disdain for Jeff Bezos, mostly because Bezos' Washington Post has reported many unflattering things about the commander-in-chief.

The fortune

Nearly all of Bezos' wealth comes from his 16% ownership in Amazon, one of the world's most valuable publicly traded companies, valued at about $890 billion. Bezos personally owns The Washington Post, which he purchased for $250 million in 2013.

What could happen next for Amazon?

TMZ had reported that the couple has no prenuptial agreement, which meant the world's biggest individual fortune could have been split, with Jeff Bezos losing direct control of half his Amazon stake. That didn't happen. He will retain 75% of his original stake and maintain voting control of MacKenzie Bezos' shares.

Has there been any impact on Amazon so far?

There have been scores of tabloid headlines, and the publishing of embarrassing texts from Jeff Bezos punctures Amazon's typical air of secrecy. The blackmail allegations, too, likely distracted the company from its usual messaging about new products and services.

How much of Amazon stock does Jeff Bezos own?

Jeff Bezos would get 75% of the Amazon stock the couple co-owned, while MacKenzie Bezos would be left with the rest. The remaining 4% stake left to MacKenzie Bezos is just under 20 million Amazon shares, worth an estimated $38 billion.

How much is MacKenzie Bezos worth?

MacKenzie Bezos' share is worth an estimated $38 billion, and makes her the third richest women in the world.

Who is the third richest woman in the world?

The massive cash injection shoots MacKenzie Bezos to the ranking of third-richest woman alive, according to the Bloomberg Billionaire's Index. In the rankings, Bezos will sit behind Francoise Bettencourt Meyers and Alice Walton, who each have net worths upwards of $50 billion.

Did Bezos sign the Giving Pledge?

MacKenzie Bezos also said in April she had signed the Giving Pledge, a promise taken by some of the world's wealthiest to donate at least half of their assets to charity in their lifetime or will.

Did Jeff Bezos divorce his wife?

Amazon founder Jeff Bezos and his ex-wife, MacKenzie Bezos, officially finalized their divorce Friday, Bloomberg reports. As a result, MacKenzie Bezos is set to gain millions of shares of Amazon worth an estimated $38 billion. When the Washington judge signed court papers Friday to formally dissolve the marriage, ...

Who gave his wife Amazon stock?

Amazon CEO Jeff Bezos just gave his ex-wife Mackenzie a bunch of Amazon stock.

Did Jeff Bezos and MacKenzie get divorced?

The couple finalized their divorce last month, which gave MacKenzie a quarter of the shares the couple had owned together. The terms allowed Jeff Bezos to remain as Amazon’s largest shareholder while keeping voting control over MacKenzie’s shares.

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