Apr 4, 2019

Amazon boss Jeff Bezos and wife MacKenzie finalise divorce deal

Jeff Bezos, the world's richest man, has reached a divorce settlement with his wife, MacKenzie, which leaves her a 4% stake in Amazon. Under the terms of the deal, MacKenzie Bezos will hand over her voting power to her husband of 25 years. Amazon's stock market value is worth $890.7bn, which means MacKenzie Bezos retains a stake worth more than $35bn. The couple had been together since before Mr Bezos set up Amazon in 1994, with Ms Bezos employed as one of the firm's first members of staff. Amazon is now vast online retail business which last year generated sales of $232.8bn and has helped Mr Bezos and his family amass a $131bn fortune, according to Forbes magazine.

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