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Amazon CEO Jeff Bezos’ divorce gets finalised with a settlement of $38 billion: Report

Jeff Bezos will continue to be the richest man in the world.

Amazon founder and CEO Jeff Bezos and MacKenzie Bezos have finalised their divorce this week and have agreed for a settlement of $38 billion, according to a report. As a part of the agreement, MacKenzie Bezos will be getting approximately 19.7 million Amazon.com shares, that will give her a 4% stake in the company that is currently valued at $38 billion (approximately Rs 2,62,163 crores).

The report about this first surfaced on Bloomberg and it also said that after getting the money that has been agreed upon, MacKenzie Bezos will land on the 22nd position on Bloomberg Billionaires Index.

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The divorce was finalised by a judge in Washington state’s King County. Jeff Bezos will be retaining a 12% stake and will continue to be the richest man in the world.

We should mention that MacKenzei Bezos, a novelist, had tweeted in April this year saying that she had given her husband all of her interests in The Washington Post and space-exploration company Blue Origin. She also handed him the voting control for her remaining Amazon stock.

It is also worth adding that she has promised that she will donate half of her fortune and this will make her one of the world’s ultra-wealthy philanthropists. She has already signed Giving Pledge in May this year.

The news of trouble in Jeff Bezos‘ personal life first came to light in January this year when it was announced that he and his wife were getting divorced after being married for 25 years. A report had surfaced online on the National Enquirer that said that the reason behind this was Jeff Bezos’ affair with a former news anchor, Lauren Sanchez.

jeff bezos
Image courtesy: Business Insider

Jeff Bezos and MacKenzie Bezos got married in 1993 and they have four children. Bezos had founded Amazon.com in a garage in Seattle in 1994 and then it was turned into the giant that e-commerce world today.

He first surpassed Bill Gates to become the richest man in the world briefly in July 2017. In November 2017, his wealth surpassed $100 billion for the first time and then, in March 2018, he was declared as the richest man in the world by Forbes. His net worth at that time was a whopping $112 billion.

As we mentioned earlier, even after the divorce, Bezos will continue to be the richest man in the world as he is retaining a 12% stake in Amazon.com that is worth $114.8 billion.

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