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Jeff Bezos divorce could be the most costly one in history

Jeff Bezos divorce

Jeff Bezos divorce from his wife MacKenzie came as a surprise to the world of technology. It is speculated to be the most expensive divorce in history, raised some questions about the future of Amazon. After 25 years of marriage, the billionaire couple decided to part ways. Bezos own 16 percent of the share in the company, which amounts to roughly $140 billion.
As its founder, chairman, chief executive and largest shareholder, Mr. Bezos exert almost complete control over the company he made.

“As our family and close friends know, after a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends,” the couple said in a statement on Twitter. They added: “We also see wonderful futures ahead, as parents, friends, partners in ventures and projects, and as individuals pursuing ventures and projects.”

Additional assets that are to be split in Jeff Bezos divorce include, the rocket maker Blue Origin and the Washington Post, as well as the venture capital investments he has made in groups including Uber, Airbnb and Twitter. The couple have homes in suburban Seattle, New York, Washington and Beverly Hills, and 400,000 acres of land in west Texas.

Jeff Bezos divorce ensues a shaky ground for Amazon investors and stockholders. Not only this but the divorce of the couple is bound to impact their charitable associations as well-even though financial lawyers have made it clear that the terms of the separation will be kept private.

Many sources close to the couple claim that they have not, in fact, signed a prenuptial agreement. In that case, MacKenzie Bezos could receive up to $66 billion based on Amazon’s value under the community property law.

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Image via People Magazine