MacKenzie Bezos gets ready for a R540bn stake in Amazon | Fin24
 
  • Mandela Day

    Nationalisation, privatisation and land: What Mandela told business in 1990 still resonates today.

  • African Foothold

    American multinational PepsiCo has agreed to buy South Africa’s Pioneer Foods for about R24.4bn.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

MacKenzie Bezos gets ready for a R540bn stake in Amazon

Jul 06 2019 12:59
Matt Day and Tom Metcalf, Bloomberg

It’s official. MacKenzie and Jeff Bezos are divorced after 25 years of marriage.

A King County, Washington judge on Friday signed an order formalising the separation. That sets the stage for the transfer of some 19.7 million shares of Amazon.com Inc. to MacKenzie’s name. The Bezoses announced the split in January.

That 4% holding is valued at $38.3bn (about R540bn), enough to place her 22nd on the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people. Her former husband, the founder and chief executive officer of the world’s largest online retailer and web-services company, retains a 12% stake worth $114.8bn (about R1.6 trn) and remains the world’s wealthiest person.

The court papers formalising the divorce revealed little else about the terms of the separation. The couple filed a parenting plan for their children earlier this week. MacKenzie Bezos, a 49-year-old novelist, said in an April tweet that she gave Jeff Bezos, 55, all of her interests in the Washington Post and space-exploration company Blue Origin.

She also signed the Giving Pledge in May, promising to donate more than half of her fortune to philanthropy.


amazon  |  jeff bezos  |  mackenzie-bezos  |  divorce  |  technology
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

FaceApp has been at the centre of a debate on data security. What is your view?

Previous results · Suggest a vote

Loading...