Published: Fri, April 05, 2019
Markets | By Erika Turner

Jeff and MacKenzie Bezos tweet about divorce terms

Jeff and MacKenzie Bezos tweet about divorce terms

The Bezos tweeted separately on Thursday that under their settlement MacKenzie will give up her interests in the Washington Post, which Jeff Bezos bought in 2013 and which has been a frequent target of criticism from U.S. President Donald Trump, and the rocket company Blue Origin he founded in 2000.

Bezos will retain voting control over all her shares and will also maintain all his interests in the Washington Post and Blue Origin. Bezos is almost tied with the third woman on the list, Jacqueline Badger Mars of the Mars candy company family, who has a net worth of $37 billion; some estimates of Bezos's 4% stake place that value closer to that number. Excited for my own plans.

He will still be the company's biggest shareholder when the divorce is complete, which is expected to happen in about 90 days.

Mr Bezos re-tweeted the statement and added in a separate post that he was grateful to MacKenzie "for her support and for her kindness in this process". That stake is worth approximately $36 billion per Amazon's current share price.

Jeff Bezos said on Twitter that he was "grateful for her support and for her kindness in this process". "She is resourceful and brilliant and loving, and as our futures unroll, I know I'll always be learning from her".

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He announced his divorce from MacKenzie Bezos on Twitter back in January after 25 years of marriage.

L'Oréal cosmetics heiress Françoise Bettencourt Meyers has been reported as the world's richest woman, whose net worth is estimated at $45.6bn.

Together the couple owned 78.8 million shares, or about 16 per cent of the company.

"Rather than capitulate to extortion and blackmail, I've chose to publish exactly what they sent me, despite the personal cost and embarrassment they threaten", Bezos wrote in a blog post. The people were not authorized to speak publicly and spoke on condition of anonymity. AMI did not respond to requests for comment.

American Media Inc. says in a statement issued Friday it "acted lawfully" while reporting the story.

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