Jeff Bezos Gives 4% Of Amazon Shares To His Divorcing Wife Mackenzie

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Early this year, Jeff Bezos and Mackenzie Bezos shocked the public with the announcement on the divorce of their marriage of 25 years old. This was later followed by the rumors of an extramarital affair between Lauren Sanchez and Jeff Bezos which supposedly led to the divorce.

Truth was, their marriage wasn’t working and they both wanted to have a life of their own.

How much could Mackenzie Bezos get in the divorce has been the leading question in the mind of people as the divorce proceedings continue. Well, not bad afterall.

Jeff Bezos, founder and CEO of Amazon has chosen to part with about 4% of his Amazon stock to his ex-wife as a divorce settlement, which would doubtlessly be in July. Those offers are worth more than $35 billion making her the third wealthiest lady on the planet, following L’Oréal’s Francoise Bettencourt Meyers, who merits an expected $52.9 billion, and Walmart’s Alice Walton, who is worth $45 billion.

While as yet pending, the Bezos settlement plan will probably be the biggest in world history. Jeff concedes in an explanation that, “”MacKenzie’s abilities have been on full display. She has been an extraordinary partner, ally, and mother.” He tweeted.

Nonetheless, Jeff Bezos still stays world’s most wealthiest man with a total assets above $110 billion. Also, Jeff Bezos will keep on practicing casting a ballot power over MacKenzie’s offers, except if she offers them on the open market or offers them to qualifying not-for-profits.

On the off chance that MacKenzie transfers shares, the beneficiary of the stock must consent to a comparable arrangement conceding Jeff Bezos casting a ballot control, as indicated by a SEC recording that delineated the transfer of offers.

MacKenzie made her own tweet in regard of the share transfer, saying, “Grateful to have finished the process of dissolving my marriage with Jeff from each other. … Happy to be giving him all my interests in the Washington Post and Blue Origin, and 75% of our Amazon stock plus voting control of my shares to support his continued contributions with the teams of these incredible companies.”

The couple are in the process of finalizing their divorce.