CC™ Breaking News
Amazon founder Jeff Bezos and MacKenzie Bezos finalized their
divorce Friday to the tune of a $38-billion settlement, Bloomberg News
reported. Under the agreement, MacKenzie Bezos, 49, will receive approximately
19.7 million Amazon.com shares, giving her a four percent stake in the company
valued at $38.3 billion and landing her at 22nd on the Bloomberg Billionaires
Index, the news service said.
A judge in Washington state's King County finalized the divorce. Jeff Bezos, 55, will retain a 12 percent stake
and remain the world's richest man.
MacKenzie Bezos, a novelist, has said she would give all of her
stake in The Washington Post and the space
exploration firm Blue Origin to her husband as well as
voting control of her remaining Amazon stock.
She has also promised to donate half her fortune to charity,
joining the ranks of the world's ultra-wealthy philanthropists as a signatory
of the Giving Pledge.
The personal life of Jeff Bezos was thrust into the spotlight with the
announcement in January that he and his wife were divorcing after 25 years of
marriage and the revelation by the National Enquirer that he had been having an
affair with a former news anchor, Lauren Sanchez.
Jeff and MacKenzie Bezos married in 1993 and have four children.
Jeff Bezos founded Amazon in their Seattle garage in 1994 and turned it into a
colossus that dominates online retail.