Amazon.com Inc. Chief Executive Officer Jeff Bezos will retain 75 per cent of his stock in the company following his divorce from MacKenzie Bezos, the couple announced Thursday on Twitter, eliminating any concern that the split would influence his control over one of the world’s most valuable businesses.
Bezos will continue to be the largest shareholder of the e-commerce giant Amazon valued at almost $900 billion as well as gain voting control of his former wife’s remaining shares. Bezos will also maintain ownership of the Washington Post and his space exploration company, Blue Origin LLC.
The Bezoses announced their divorce in January, not long before the National Enquirer tabloid newspaper published an expose that Jeff Bezos had been having a relationship with Lauren Sanchez, a former TV anchor. The announcement sparked speculation about how their exceptional wealth, estimated at more than $130 billion, would be divided. Jeff Bezos is the world’s richest person and will remain in that position after the divorce, according to the Bloomberg Billionaires Index.
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