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Briefing

Jeff Bezos, in divorce settlement, retains 75 per cent of the Amazon stock he held with his now ex-wife MacKenzie

MacKenzie left Jeff with 75 per cent of Amazon’s stocks, and all stocks in the Washington Post and Blue Origin. MacKenzie retains four per cent of Amazon. In a statement posted on Twitter, MacKenzie said she was “grateful” to finish the process of dissolving her marriage with Jeff. (Washington Post)

Briefing

Jeff Bezos, in divorce settlement, retains 75 per cent of the Amazon stock he held with his now ex-wife MacKenzie

By Jessica Galang
Apr 4, 2019
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MacKenzie left Jeff with 75 per cent of Amazon’s stocks, and all stocks in the Washington Post and Blue Origin. MacKenzie retains four per cent of Amazon. In a statement posted on Twitter, MacKenzie said she was “grateful” to finish the process of dissolving her marriage with Jeff. (Washington Post)

Talking point: The decision puts Jeff firmly in control of the company, valued at US$893 billion. Under Washington state laws, MacKenzie would have been entitled to half of the US$137-billion Bezos fortune if the two didn’t reach an agreement. Her remaining stake is estimated to be worth US$35.7 billion, and she is now among Amazon’s four biggest shareholders and one of the 30 wealthiest people in the world. However, MacKenzie gave Jeff voting control over her remaining shares, meaning his ownership share is undiluted, though she’ll be entitled to a substantial chunk of the company’s value.

Correction: A previous version of this briefing incorrectly stated Amazon’s valuation and the net worth of Jeff Bezos. The piece has been updated.

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