Published: Mon, July 08, 2019
Markets | By Erika Turner

Jeff And MacKenzie Bezos Officially Finalize Divorce With $38 Billion Settlement

Jeff And MacKenzie Bezos Officially Finalize Divorce With $38 Billion Settlement

Amazon CEO and founder Jeff Bezos and his ex-wife MacKenzie Bezos have finalized their divorce.

A King County, Wash., judge allegedly signed off on the order, according to Bloomberg.

Mackenzie Bezos received about 4% of Amazon's stock, which is $38.3 billion of assets, and took the 22nd place in the list of billionaires.

MacKenzie, who married Jeff Bezos in 1993, had no prenuptial agreement with the billionaire and could potentially have been entitled to half his fortune, estimated by Bloomberg (after accounting for her payout) to still be more than $121 billion.

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The settlement has taken MacKenzie to 22nd place on the "Bloomberg Billionaires Index", a ranking of the world's 500 richest people but she has made a decision to donate half of her $38 billion worth alimony to investor Warren Buffett's philanthropic campaign "the Giving Pledge".

A report had surfaced online on the National Enquirer that said that the reason behind this was Jeff Bezos' affair with a former news anchor, Lauren Sanchez. MacKenzie Bezos, a 49-year-old novelist, said in an April tweet that she gave Jeff Bezos, 55, all of her interests in the Washington Post and space-exploration company Blue Origin. They first started dating before Amazon was even born, and have four children together.

UK Labour and opposition leader Jeremy Corbyn sent a cheeky message to United States e-commerce giant Amazon with a birthday card the company's founder, Jeff Bezos, wishing him "many happy tax returns". "And I will keep at it until the safe is empty", wrote MacKenzie in an open letter recently. He remained the richest man in the world.

In October 1994, Bezos changed the name to "Amazon" which today is an e-commerce behemoth worth $950 billion.

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