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Home / Business / Amazon founder Bezos divorce finally with $ 38 billion settlement: report

Amazon founder Bezos divorce finally with $ 38 billion settlement: report



MOVIE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, USA, 03/03/2018 ̵

1; Amazon CEO Jeff and wife MacKenzie Bezos. REUTERS / Danny Moloshok

(Reuters) – Amazon.com Inc ( AMZN.O ) The founder Jeff Bezos divorce from his 25-year-old wife MacKenzie Bezos was terminated by a Seattle judge on Friday Paved the way for her to receive $ 38.3 billion worth of Amazon stock, Bloomberg reported.

In April, Amazon, the world's largest online retailer, said that 4% of its outstanding stock or 19.7 million shares would be registered in MacKenzie Bezo's name after court clearance of the divorce.

The couple announced their plan to divorce in a joint Twitter statement in January, causing someone to worry that Jeff Bezos could end with reduced Amazon voting rights or that he or MacKenzie would dismiss great position.

He retains a 12% stake of $ 114.8 billion and is the world's richest person, Bloomberg says. MacKenzie Bezos has said that she would vote for the control of her shares.

In May, MacKenzie promised to give half of his fortune to participate in the "Giving Pledge", a campaign announced by billionaire Warren Buffett and Microsoft Corp ( MSFT.O ) co-founder Bill Gates in 2010 .

Reporting by Maria Ponnezhath and Mekhla Raina in Bengaluru; Editing by Cynthia Osterman

Our Standards: Thomson Reuters Trust Principles.

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