Wednesday, December 17, 2025
ADVT 
International

Amazon CEO Jeff Bezos Settles For $36 Bn Divorce Deal, To Keep 75% Of Couple's Amazon Stock

Darpan News Desk IANS, 05 Apr, 2019 08:55 PM

    With Amazon CEO Jeff Bezos agreeing to a divorce settlement on Thursday, his ex-wife, MacKenzie Bezos, is set to own about four per cent of the company's common stock, a stake worth roughly $36 billion.


    In a tweet on Thursday, MacKenzie Bezos said she would keep 25 per cent of the couple's Amazon stock, which should give her a four per cent stake in the company, CNN reported on Friday.


    "Happy to be giving him all of my interests in the Washington Post, Blue Origin (private space company) and 75 per cent of our Amazon stock plus voting control of my shares," she tweeted.


    Replying to his ex-wife, Jeff Bazos tweeted that he was "grateful for her support and for her kindness in this process."


    If MacKenzie Bezos decides to sell her shares in Amazon, the buyer would have to enter into an agreement with Jeff Bezos to grant him the rights to vote those shares, according to the filing with the Securities and Exchange Commission, the report said.


    The pair first announced plans to separate in January following reports of Jeff Bezos cheating on his wife, claims that he denied later.


    The net worth of Jeff Bezos after Amazon took off is estimated to be around $150 billion.

    MORE International ARTICLES

    Pakistan To Receive $2.1 Billion Loan From China By Monday: Official

    The Pakistan ministry adviser and spokesperson Khaqan Najeeb Khan said all procedural formalities for the transfer of the $2.1 billion loan have been completed.  

    Pakistan To Receive $2.1 Billion Loan From China By Monday: Official

    Australia Says White Supremacists Being Watched

    Australia Says White Supremacists Being Watched
    Australia said on Friday that it was keeping a watch on white supremacists, a week after an attack against two mosques in New Zealand left 50 people dead and another 50 wounded.

    Australia Says White Supremacists Being Watched

    Indian Man Yadwinder Singh Gets 5-Year Jail For Swinging Plank During Riot Outside A Gurudwara In Singapore

    The two groups of men wielded wooden poles, planks and belts, spilling onto the road and disrupting traffic, the court heard.

    Indian Man Yadwinder Singh Gets 5-Year Jail For Swinging Plank During Riot Outside A Gurudwara In Singapore

    PICS: Delaware Declares April 2019 As ‘Sikh Awareness And Appreciation Month’

    In his proclamation on Tuesday, Carney said the contribution of Sikh-Americans to Delaware and the United States has been immense.

    PICS: Delaware Declares April 2019 As ‘Sikh Awareness And Appreciation Month’

    Kartarpur Corridor: Villagers In Pakistan Demand Compensation For Their Land

    As Pakistan and India discuss the alignment of the Kartarpur corridor, some 600 villagers who are facing “forcible eviction” due to the project say they will block the development work if denied compensation of their land on commercial rates.  

    Kartarpur Corridor: Villagers In Pakistan Demand Compensation For Their Land

    Nirav Modi Held In London, In Police Custody

    The 48-year-old businessman was arrested from Holborn on Tuesday afternoon on behalf of Indian authorities and was produced before a judge at the Westminster Magistrates Court on Wednesday.

    Nirav Modi Held In London, In Police Custody