The Founder and Chief Executive Officer of Amazon, Jeff Bezos, will retain his voting power in the company after reaching a divorce agreement with his wife, MacKenzie. The agreement will also enable Bezos to retain his world richest man spot.
The shares agreement: In the settlement, Jeff Bezos will keep the voting control of his entire $143 billion stake in Amazon, with his wife, MacKenzie expected to own 25 percent of those shares.
MacKenzie’s stake in Amazon will be worth roughly $36 billion, representing a 4 percent stake in Amazon. This will make her the world’s third-richest woman.
The level of Bezos’ influence in Amazon became a topic for debate in the business world after the couple’s impending divorce was made public. There were reports that he could lose his spot on the World Richest Man’s list. But this latest development has doused such a possibility.
In addition, MacKenzie will give up her interests in the Washington Post, which Jeff Bezos bought in 2013 and the rocket company, Blue Origin, which Bezos founded in 2000.
MacKenzie, who joined Twitter less than 24 hours ago just to announce the finalisation of the divorce, also outlined the agreement.
In response, Bezos appreciated her support and said he was grateful for her kindness during the process.