Sat. Aug 24th, 2019

Jeff Bezos retains control of Amazon after divorce

Jeff Bezos retains control of Amazon after divorce

Amazon founder Jeff Bezos and his now ex-wife, MacKenzie Bezos, announced a divorce settlement on Thursday, assuring that Mr. Bezos will retain 75 percent of his stock in the company and all of the pair’s joint holdings in Blue Origin and The Washington Post.

Prior to the divorce, the couple owned 16 percent of Amazon stock, worth over $140 billion. Because the couple married before the founding of Amazon, the stock was considered common property, and there was significant speculation that the split could post a threat to Jeff Bezos’ control of the company.

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— MacKenzie Bezos (@mackenziebezos) April 4, 2019

But an SEC filing accompanying the settlement made clear that Amazon will remain in Jeff Bezos’…

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Source: https://www.theverge.com/2019/4/4/18295609/jeff-bezos-amazon-mackenzie-voting-power-control-blue-origin

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