Jeff Bezos’ ex-wife cedes control of Amazon in divorce deal

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MacKenzie Bezos, ex-wife of Amazon.com Inc founder and Chief Executive Officer Jeff Bezos, will give 75 percent of their stake in the company and all voting rights to the billionaire entrepreneur as part of their divorce settlement.

MacKenzie Bezos will also relinquish all her interests in the Washington Post newspaper and rocket company Blue Origin, she said in a tweet on Thursday.

 

“Happy to be giving him all of my interests in the Washington Post and Blue Origin, and 75 percent of our Amazon stock,” MacKenzie Bezos said in the tweet.

The couple’s total stake of $143 billion had made them the richest in the world.

“Grateful to have finished the process of dissolving my marriage with Jeff with support from each other and everyone who reached out to us in kindness, and looking forward to next phase as co-parents and friends,” MacKenzie Bezos wrote.

Jeff Bezos re-tweeted the statement and added in a separate post that he was grateful to MacKenzie “for her support and for her kindness in this process.”

The agreement still leaves MacKenzie Bezos with vast wealth. Her remaining stake in Amazon, valued at roughly $36 billion, is worth more than the stock market values of nearly 70 percent of the components of the S&P 500. That includes companies like eBay Inc, Allstate Corp and Twitter Inc.

Reuters


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