Jeff Bezos to keep 75% of couple's Amazon stock after divorce from MacKenzie

Jeff Bezos to keep 75% of couple's Amazon stock after divorce from MacKenzie

Washington (Web Desk): MacKenzie Bezos and Amazon.com Inc founder and Chief Executive Officer Jeff Bezos agreed in a divorce settlement that he would retain all voting rights and 75 percent of the ex-couple’s $143-billion stake in the world’s biggest online retailer.

Some investors had worried about how the split could affect Jeff Bezos’ influence over Amazon or the possibility he or MacKenzie would have to liquidate a large position ever since the world’s richest couple announced the impending divorce in January.

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“Grateful to have finished the process of dissolving my marriage with Jeff,” MacKenzie Bezos said on Twitter, in the first and only tweet from an account that was created this month.

MacKenzie said she will also give up her interests in the Washington Post, a frequent target of criticism from US President Donald Trump that Jeff Bezos bought in 2013, and the rocket company Blue Origin he founded in 2000.