The announcement of Jeff Bezos's divorce of 25 years of marriage was 1 of the most talked about pieces of this year on social HighlightsOf2019
, worth an estimated $136.2 billion, is the richest person in the world. It is not yet clear how the divorce will impact his net worth, or whether it will affect his stake in Amazon, the e-commerce giant he founded in 1994. Bezos, 54, owns roughly 16% of the business, which comprises more than 95% of his fortune.
Moreover,"Awarding a spouse their share of a community asset doesn’t necessarily mean actually transferring the asset to them," notes Virginia Onu, an attorney based in Washington. In other words, instead of selling or transferring Amazon shares, Jeff Bezos could potentially offer monetary compensation equivalent to the shares' fair market value.
If MacKenzie Bezos, 48, does indeed receive half of her husband’s assets, she would be worth more than $68 billion, making her the fifth-richest person in the world. Even a 1% payout would constitute one of the largest divorce settlements in history. The Bezoses, who have four children, both attended Princeton but met after graduation while working at investment firm D.E. Shaw; she was an associate on his team. They married in 1993 and moved to Seattle in 1994, the same year Amazon was founded.
MacKenzie Bezos boasts a successful career in her own right. A creative writing major at Princeton , she won the American Book Award for her first novel,, published in 2005. She also founded the anti-bullying organization Bystander Revolution.Angel Au-Yeung contributed reporting.
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