Jeff Bezos, the Founder of Amazon, and His Ex-Wife Reached a $38 Billion Settlement.

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Jeff Bezos, the Founder of Amazon, and his Ex Wife Reached a $38 Billion Settlement.

It’s a done deal. After 25 years of marriage, MacKenzie and Jeff Bezos got divorced.

An order formally separating the parties was signed by a judge in King County, Washington, on Friday. This creates the necessary conditions for 19.7 million shares of Amazon.com Inc. to be transferred into MacKenzie’s name. In January, the Bezoses announced their separation.

She ranks 22nd on the Bloomberg Billionaires Index, a list of the 500 richest persons in the world, thanks to that 4% ownership, which is worth $38.3 billion. The world’s largest online store and web services company’s founder and CEO, her ex-husband, nevertheless has a 12% stake worth $114.8 billion and is still the richest person in the world.

Jeff Bezos, the Founder of Amazon, and his Ex Wife Reached a $38 Billion Settlement.

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Little else about the terms of the separation was disclosed in the court documents that formalized the divorce. Early this week, the couple submitted a parenting plan for their kids.

In an April tweet, MacKenzie Bezos, a 49-year-old novelist, claimed that she had given Jeff Bezos, 55, complete ownership of both the Washington Post and the space exploration business Blue Origin.

In May, she also pledged to give more than half of her wealth to charity by signing the Giving Pledge.

“I’m not waiting, “She pledged in writing. “And I’ll continue doing it until the safe is emptied.”

With a 12% interest in Amazon valued at $112 billion, Jeff Bezos, 55, is still the richest person in the world, according to the Bloomberg Billionaires Index. The Washington Post and the space exploration firm Blue Origin are among the other assets MacKenzie Bezos, 49, will keep, he announced in an April tweet.

The sums involved are extraordinary. Larry Ellison of Oracle Corp. has gone through several divorces, but none of them has had an impact on his ownership of the software company. Likewise, Sergey Brin, a co-founder of Google, kept his ownership after his unnoticed divorce from Anne Wojcicki in 2015.

Mac Kenzie Bezos Will Earn the Largest Divorce Settlement in History of $38 Billion.

MacKenzie Bezos, who has been married to Jeff Bezos for 26 years and is the world’s richest man, is expected to get the largest divorce settlement in history—$38 billion—from the founder and CEO of Amazon.

Author MacKenzie, 49, will surpass the third-richest woman in the world and has already committed to donating at least half of her fortune, according to CNN Business.

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MacKenzie and Jeff wed in 1993, a year before he founded Amazon out of his Seattle garage, and she has since claimed to have “a disproportionate amount of money to share” and made a commitment to work assiduously on dispersing it “until the safe is empty.”

In a blog post on a website run by the Warren Buffett and Bill Gates organization The Giving Pledge, which encourages the super-rich to donate more than half of their money to charitable organizations, she declared her plan to make a sizable donation.

In what was reportedly the largest divorce settlement in history, the couple, who have four children, divorced in April. MacKenzie is now entitled to 25% of the pair’s combined Amazon stock, which is worth about $38 billion, according to the source.

According to the Bloomberg Billionaires Index, Jeff’s estimated net worth is $ 18 billion, making him the world’s richest person even after the settlement.

On the basis of a 90-day timeline stated in a financial statement made in April, the settlement is anticipated to occur this week.

Despite holding fewer shares than before, the CEO of Amazon will nevertheless retain control of the e-commerce behemoth.

According to the article on Tuesday, “this is because despite his soon-to-be ex-wife walking away with a 4% share in Amazon, she has voluntarily given her vote rights to Jeff Bezos.”

Jeff, 55, congratulated his ex-wife on her decision to donate, saying: “I’m pleased of MacKenzie because I know she will excel at charity and be thoughtful and efficient. Her letter is really lovely. Get after them, MacKenzie “using Twitter.

Additionally, MacKenzie has granted him all of her holdings in the Washington Post, Blue Origin (a private space firm), and 75% of our Amazon stock in addition to voting rights over her shares, she recently tweeted.

Following allegations that Jeff had cheated on his wife, which he later denied, the couple first declared their intention to separate in January.

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 Why Jeff Bezos: World’s Richest Man Agrees $35 Billion Divorce?

The founder of Amazon, Jeff Bezos, is the richest man in the world, and he and his wife MacKenzie have reached a historic divorce settlement worth at least $35 billion (£27 billion).

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Ms. Bezos retains a 4% share in the massive online retailer, which is alone valued $35.6 billion.

One year after the couple’s marriage and in Seattle, Jeff Bezos launched Amazon. Ms. Bezos was one of the company’s initial workers.

Following the announcement of the settlement, both sides tweeted kind remarks about one another.

The two withheld any additional financial information concerning the transaction.

According to Forbes, Ms. Bezos will become the third richest woman in the world with just the Amazon shares, but Jeff will continue to hold the top spot.

Four children have been born to MacKenzie, a novelist, 48, and Jeff Bezos, 55.

Since signing up for the website’s microblogging service earlier this month, Ms. Bezos has only sent one tweet. She expressed her gratitude for having “completed the process of dissolving my marriage to Jeff with support from each other” in the letter.

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