Jeff Bezos’ Divorce is Final
Jeff Bezos’ Divorce is Final by Donna Marcus, Family Law Attorney at Weber Gallagher
On April 4, 2019, the most expensive divorce in history ended when Jeff and MacKenzie Bezos announced their divorce was final. It brings their 25-year marriage to an official and legal end. The couple decided to part ways and filed for divorce in January of this year. Since that time, there has been much speculation and concern about how the parties’ assets would be divided. Particularly concerning was how the parties would divide stock shares of Amazon, the billion dollar company the couple built together during their marriage.
As part of the settlement, Jeff Bezos will retain 75% of Amazon stock and he will retain sole voting authority over the shares which should settle any fears about Amazon ownership. MacKenzie Bezos will retain a 25% stake in the company which is worth approximately $35 billion and makes MacKenzie Bezos one of the top five wealthiest women in the world. In addition to Amazon stock, Jeff Bezos will also retain ownership of the Washington Post and Blue Origin (a space exploration company). The couple also owns at least 6 properties, but since Washington state does not require divorcing parties to file property settlement agreements with the courts, we may never know the full details of the settlement.