Amazon founder Jeff Bezos and his ex-wife, MacKenzie, finalized the biggest divorce settlement in history on Thursday, leaving him with 75 percent of their stock in the tech giant and giving her almost $36 billion in shares. Bezos now also holds the voting power over all the Amazon voting shares the couple previously owned together. Jeff Bezos, widely viewed as a management guru whose long-term focus has been essential to Amazon's meteoric stock rise, will retain company control.
The 4% stake would make MacKenzie Bezos one of the world's 20 richest people, worth about $37.5 billion, just above Jacqueline Mars, heiress to the Mars candy company.
Ms Bezos, now a novelist, did accounting for Amazon for its first year after it was founded in 1994.
MacKenzie Bezos will remain extremely wealthy.
Amazon shares were down 0.28 percent at $1,815.69 in NY on Thursday shortly before the close of trading.
The pair announced the news in simultaneous tweets on Twitter. "I think his influence is dictated by his vision for Amazon", D.A. Davidson analyst Tom Forte said.
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This is worth more than the stock market values of almost 70 percent of the components of the S&P 500, including companies like eBay Inc, Allstate Corp and Twitter Inc. "I'm grateful for her support and for her kindness in this process".
She said she was happy with the division of shares.
To announce she and Jeff are finally done (zos), MacKenzie boldly chose to join Twitter on Thursday for the sole goal of tweeting a statement about "dissolving" her marriage.
"Excited about my own plans", she added. He later accused the tabloid's publisher of threatening to publish explicit photos of him unless he stopped investigating how the Enquirer obtained private messages between himself and his lover.
Forbes magazine reported that he is giving $35 billion worth of stock to his wife in the divorce, effectively making MacKenzie the third richest woman in the world.
The news was posted on Twitter from their respective accounts.