Jeff Bezos leaves $137B on the line without prenup in divorce

Jeff Bezos leaves $137B on the line without prenup in divorce


Amazon CEO Jeff Bezos and his wife, MacKenzie, who announced they are divorcing after 25 years of marriage, did not have a prenuptial agreement – meaning they will divide their gargantuan fortune equally, according to a report on Thursday,
Bezos, 54 — who sits at the top of Forbes’ world billionaires ranking with a real-time worth of $137.1 billion — and MacKenzie, 48 –an award-winning novelist — live in Washington state, a “community property state,” meaning divorcing couples without a prenup split assets 50-50, according to TMZ, which cited “sources with direct knowledge” of their arrangement.

Since Amazon was founded a year after the Bezoses tied the knot, MacKenzie could fetch as much as $66 billion based on the value of the company today, according to CNBC.
To fund a settlement of that magnitude, Bezos would have sell or pledge shares, which could dilute his ownership and control of the company.

He owns just under 80 million shares, or just under 16 percent of Amazon, CNBC reported, citing regulatory filings.
But divorce lawyers say MacKenzie will very likely want the family fortune to keep growing, so she would probably not push for a settlement that would require him to sell shares, according to the news outlet.

The couple on Wednesday described their breakup as very amicable.
“We need to form individuals alert to a development in our lives,” Bezos tweeted.
“As our family and shut friends grasp, after a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends.”

He continued: “We feel unbelievably lucky to possess found different|one another} and deeply grateful for each one in every of the years we've been married to every other.
If we tend to had glorious we might separate when twenty five years, we would do it all again.”

The couple can stay “cherished friends,” the statement browse.

☺ Thank You For Reading This Article Jeff Bezos leaves $137B on the line without prenup in divorce. Hopefully Beneficial, Do Not Forget To Share
Comment :
Back To Top