People getting divorced is now commonplace, and when one gets announced, it does not draw as much attention as it once did.
That’s not case when it comes to Amazon CEO Jeff Bezos whose high-profile separation from former wife Mackenzie Bezos garnered a lot of focus as she stood to gain a substantial amount of money, not to mention Amazon assets, in the settlement.
Said settlement has finalised earlier this week, with Mackenzie Bezos taking to Twitter to disclose some of the details. Curiously she only joined Twitter in order to share the details of the divorce settlement, as it is her only post on the profile created.
— MacKenzie Scott (@mackenziescott) April 4, 2019
As for the aforementioned details the former Mrs Bezos mentions that Jeff will retain all interests in two of the companies that Amazon owns – The Washington Post and Blue Origin. The latter being one of Bezos’ passion projects as he aims to take on Elon Musk’s SpaceX.
The Amazon CEO will also retain 75 percent of the stock in the company that the couple once shared, with Jeff also getting voting control over Mackenzie’s shares.
The other notable aspect, not mentioned in the tweet above, is that Mackenzie Bezos will be awarded a 4 percent stake in Amazon, according to NDTV. This works out to an estimated $36 billion based on the company’s market capitalisation of $890 billion. It would also make her the 4th richest woman in the world.
As for Jeff Bezos he will have a 12 percent stake in Amazon, which calculates to $107 billion, which would still leave him as the richest man in the world currently, if such things matter to you.
While the divorce settlement has been finalised, the regulatory filing of the documents will only happen over the following 90 days.
What is more interesting, however, is what Mackenzie Bezos plans to do following the settlement, as she has not stated anything definitely, only noting that she is, “excited about my plans.”
Whether that involves a Silicon Valley focused venture, remains to be seen.
[Image – CC 0 Pixabay]