Thursday, 24 January, 2019

Amazon's Jeff Bezos worth $150bn announces divorce from wife MacKenzie

Amazon CEO Jeff Bezos with wife Mac Kenzie Bezos Amazon CEO Jeff Bezos with wife Mac Kenzie
Priscilla Morrison | 12 January, 2019, 05:50

The pair met before the Amazon founder started his empire, when they worked together. In his spare time, Bezos also oversees Blue Origin as he competes with Elon Musk's SpaceX in a private sector space race.

The announcement came hours before the National Enquirer tabloid newspaper began tweeting that it planned to publish an expose about the split.

Jeff Bezos reportedly has a new love interest in his life. According to the New York Post, Sanchez and Whitesell separated in the fall.

MacKenzie Bezos met her husband when interviewing for a job at a NY hedge fund, according to a 2013 profile in Vogue.

Amazon's origins trace back to a road trip that the Bezoses took together not long after they met in NY while working at hedge fund D.E. Shaw.

They got engaged after three months of dating and married shortly after, in 1993.

MacKenzie Bezos is the author of two books, including The Testing of Luther Albright, a psychological novel about a father and his family coping with the aftermath of an natural disaster in California.

"Not talking about it to Jeff gave me an extremely rewarding carrot", she told Vogue.

MacKenzie's presence with the company faded in later years. The couple own a home in a wealthy Seattle suburb within the county.

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They have four children. When Amazon showcased its new biospheres, the plant-filled architectural centerpiece of its Seattle headquarters, the couple toured the building with a horticulturist. Her husband is an agent to stars including Matt Damon, Christian Bale, and Kevin Costner.

Jeff has previously said that MacKenzie's support was instrumental when he founded Amazon as an online bookseller in 1994, and that she actually did the accounting for the company in its first year.

It's unknown how exactly the divorce could affect Amazon, but it will likely be an expensive matter for the company's CEO.

Most of the 66 women on the Bloomberg index came into their wealth through death or divorce. Bezos eclipsed Gates in October 2017.

The couple lives primarily in Washington State, which requires divorcing spouses to equitably divide "community property", including all income generated during a marriage. "The two of them are sort of thick as thieves right now". Bezos, 54, owns roughly 16 per cent of the business, which comprises more than 95% of his fortune. Meanwhile Bezos revealed on Wednesday that he and his wife have been going through a "trial separation".

An equal division of such a fortune would be unprecedented. And because his net worth is tied to his stake in the firm, the divorce which would usually lead to a division of assets between the duo, may see changes on Mr Bezos' stake in the firm.

Oil industry magnate Harold Hamm's separation from Sue Ann Arnall was far messier. The two said that if they had known they would separate after 25 years of marriage, they would do it all again. Arnall later sought to reopen the case but the Oklahoma Supreme Court dismissed the appeal in 2015.

But a lot also depends on if the couple has signed a prenuptial agreement.

It is unlikely that many details of the divorce will become public, according to New York lawyer Bernard Clair, who represents Judith Giuliani in her divorce from Rudolph Giuliani, the former New York City mayor and current lawyer for U.S. President Donald Trump.

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