Amazon founder Jeff Bezos, Wife Divorcing After 25 Years "Of Loving Exploration"

Jeff Bezos, Wife Divorcing After 25 Years "Of Loving Exploration"

Amazon.com's founder Jeff Bezos and his wife Mackenzie are divorcing after a relationship that began in the hedge fund of New York and is ending a little more than a year after becoming one of the richest people in the world.
Jeff Bezos, Wife Divorcing After 25 Years 'Of Loving Exploration'
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The couple tweeted on Wednesday, "After a long separation of love and discovery, we have decided to take divorced and continue their shared life in the form of friends."
While Wall Street carried forward the announcement, investors would have to see to see if the divorce agreement affects the control of Bezos of Amazon. By the time the company is growing and returning to profit, it will probably retain its confidence, although a compromise could potentially break into such a basos-side project as a space exploration company Blue Origin.

Michael Pachter, an analyst at Wesbash Securities Inc. said, "It feels favorable and there is no motive for messing with business." I think it will be a business like usual, and will not expect any response. "
Jeff and McKenzie Bezos meet in D.E. Shaw According to the interview in 2013, Jeff was the first person to interview McKenzie for a role in Hege's fund and the couple opened each other's offices. He married in 1993 and a year later moved to Seattle across the country, where Jeff founded the Amazon They have four children.
Bezos often discussed the bond with his wife and made the story of his marriage the basis of his personal biography. He liked to say that as a single person he searched for a companion who could "get him out of the third world prison", and McCabe fitted the bill. During work, Bezos used to burn frequently while discussing his wife and children.

McKenzie, a writer, played an important role in the company in the early years and "when he wrote a business plan, he wrote in Bezos biography 2013, written by Bloomberg's senior executive editor Brad Stone." "I worked with him and many others, who changed the garage, basement warehouse, barbecue-scented offices, Christmas-crowded distribution centers and representation in door-desk filled conference rooms in the early years of Amazon's history. Used to. "

In the later years, McKenzie's presence with the company was shaky. Most of the top-class employees saw them in social programs, the couple hosted their medina house and elsewhere. They will also be seen in Seattle Private School Lakeside with their children. When Amazon showed his new biosurgers, the architectural center of his Seattle headquarters plant, the couple visited the building with a horticulture expert. After making a solid start in the video and original programming by Amazon, McKenzie joined Hollywood in the event of her husband.

According to three people close to Bezos, after her husband became wealthy and famous, Mackenzie tried to maintain her privacy, who requested oblivion in view of the sensitive nature of this subject. The primary effect of McGenzie on Bezos and Amazon was to provide incentives in the early years and support with time, one of the people said.
According to the Bloomberg Billionaires Index, ranking the 500th richest people in the world, 54-year-old Bezos costs $ 137 billion. He owns almost 16 percent of the Washington Post and the Space Exploration Company Blue Origin, along with the retailer.
In a statement in response to a question by retailer Spokesman Dr Hurden, "Jeff is focused on all aspects of Amazon and is engaged in it."

A divorce can reopen the global wealth rankings. If the couple divide their fate equally, then McKenna can leave 48 with $ 69 billion, making them the richest woman in the world. It can also create Microsoft Corp co-founder Bill Gates, currently $ 92.5 billion, the planet's richest person once again. Bezos took Gates in October 2017.
The state of Washington - where Amazon is based and the couple has a house - a community property state, which means that all the assets and loans received during the marriage "will be equally divided by the court if the couple negotiates an agreement According to McKinley Irwin's website, a family law firm in the area can not.

There is no set formula in Washington law how to divide the property, Jennifer Pennano said that McKinley is a partner with Irvine in Seattle, who handles high-net worth divorce cases for the firm. Rich couples often agree on how to divide their property before bringing the matter before the judge, and those details are often filed confidentially in court. "My guess is that they have already made some sort of framework, and that is why they are now announcing it," said Pañano, about Bezos. "This will not be public."
The Washington State also mandates a 90-day cooling off period between the day the couple filing for a divorce initially, and it can be finalized by a judge soon. Wednesday's King County public records did not find any such filing from Jeff or Mackenzie Bezos.

A similar division of such a fate would be unprecedented. While Larry Ellison of Oracle Corp has been through many divorces, no one has influenced his stake in the software manufacturer. Similarly, after Google's co-founder Sergey Brin's stock was unchanged, she and Anne Wojciki divorced without any fanfare in 2015.
The oil industry's magnate Harold Hamm was quite messy to be separated from Soo Arnoul. The couple filed for divorce in 2012, after 26 years of marriage, and two years later, their trial was concluded with the chairman and CEO of the Continental Resource Ink, which ordered them to pay an estimated $ 972 million of $ 16.1 billion Given. Arnol later sought to reopen the case but the Oklahoma Supreme Court rejected the appeal in 2015.

Although it is not clear whether or not Bezos has a pre-compromise agreement, a division is unlikely to be the same. Because many of their assets are tied in publicly traded companies, both are interested in a business-like divorce, a divorce lawyer in Michael Stuttman, Stuttman in New York, Stuttman and Liechtenstein said.
They said, "They have mutual interest in ensuring that no one is worried that the ship has leaked," he said. "You need to filter their public comments through that lens."

When Elaine Wein divorced Casino Mogul Steve Wein, the couple split their 20% stake in Winn Resorts Ltd, with which Allen gave him control of voting on his shares and agreed to limit the sale of his stock. Expressed. In 2011, after the remarriage of Steve, culpability in lawsuits and sexual harassment, the relationship began to change, which forced him to sell his stake.
So far, every indication that the division of Bezos will be an amicable.

As partners with parents, friends, enterprises and projects and pursuing entrepreneurship and adventure, "we do a great promise forward," they wrote in a tweet declaring divorce. "Although the labels may be different, we are a family, and we are a nurtured friend."

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