Ever since Jeff Bezos founded the e-commerce giant Amazon in 1994, his every move has been a major subject for the media. Well, in January 2019, MacKenzie Bezos and her billionaire husband (soon to be ex) Bezos shocked everyone after they announced that they are filing for divorce.
Following 25 years of marriage, the parents of 4 children stated that they wanted to end their marriage officially. With the announcement, many have already speculated the possible effects in the Amazon market while some comment on MacKenzie's possibility to become one of the richest women after divorce alimony. Get the details below.
Well, as per TMZ, the CEO of Amazon, Bezos and his wife (proceeding divorce) had not signed any pre-nuptial agreement.
And since Jeff and MacKenzie are living in Washington, they will file for their divorce in the states court that follows 'community property.'
It means 'all assets and debts accrued during the marriage are considered to be owned equally unless they have a prenup agreement.'
So, the world's richest man Bezos with a $138 billion net worth, ahead of Microsoft founder Bill Gates by $41.7 billion, is likely to have his fortune plummet after divorce proceedings.
As per Forbes, if MacKenzie receives half of her husband's fortune, be it Amazon's share or equivalent monetary benefit, her worth will be over $68 billion.
It will make her 5th richest person in the world, and also the 'richest woman in the world'.
Meanwhile, the richest woman is Francoise Bettencourt Meyers, the granddaughter from the Meyers family and current chairwoman of L’Oreal, who owns $45.3 billion, as of January 2019.
The divorce is yet to be finalized.
Fun Fact: Even if 1% of Bezos' worth is paid as alimony, it turns out to be $1.36 billion, one of the richest divorce alimony in history.
By far, it's not clear to what extent Jeff Bezos' divorce settlement with his wife MacKenzie Bezos will affect Amazon.
Currently, the 54-year-old entrepreneur owns a roughly 16% stake in Amazon, which allegedly earns him 95% of his revenue, the rest being from Washington Post and rocket company Blue Origin.
Losing up half-fortune will likely take off the direct control of half of Jeff Bezos' Amazon stake, sources report. Well, the questions on the ownership still remain in limbo.
On the other hand, Corporate Governance experts point to the uncertainty for Amazon.
As per David Larcker, director of the Corporate Governance Research Initiative at Stanford's business school, and Jill Fisch, a business law professor at the University of Pennsylvania, the situation will test the strength of the company.
Well, Fish and Larcker have linked Bezos' divorce with CEO of Tesla Elon Musk's emotional issues in 2018 and the death of Apple co-founder Steve Jobs in 2011. To a surprise, the effect on the customers and marketing in both cases were null.
So, the economists are expecting the same for Jeff Bezos, though has made a caution that Bezos's decision could harm in long term, affecting Amazon's potential grow-up.
Know More: How Much is Elon Musk Net worth?
The love story of the billionaire couple started back in late 1992 when MacKenzie met Jeff Bezos, who then worked for New York hedge fund D.E. Shaw.
As for a fact, her future husband Jeff interviewed her and then landed her as a research associate. Well, as per Vogue, Jeff mentioned his wife's ability as:
I think my wife is resourceful, smart, brainy, and hot, but I had the good fortune of having seen her resume before I met her, so I knew exactly what her SATs were.
Only after 3 months of dating, MacKenzie and Jeff Bezos got married on September 4, 1993, while MacKenzie was 23.
Though the wedding detail is a secret to date.
After a year of marriage, the duo moved to Seattle, Washington, where her husband Bezos founded Amazon that later became the greatest e-commerce platform.
But who knew the richest couple will move on to divorce after 25 years of marriage.
Since Amazon's CEO Jeff and his wife MacKenzie announced their separation via Twitter, many speculations about the reason have been raised up.
The duo after 25 years of marriage took to Twitter on January 9, 2019, and jointly announced the proceeding for divorce. They mentioned that they underwent a long period of loving exploration and trial separation before giving it a final closeup.
But also, they disclosed that they will remain on good terms. Check it out!
But, as far as the sources are concerned, no actual reason for their split is out.
Some rumors claim the extra-marital affair of Jeff Bezos with former So You Think You Can Dance host Lauren Sanchez led the separation.
But as per outlets including TMZ, Vox, and the National Enquirer, MacKenzie and Jeff separated prior to Bezos' reported relationship with Sanchez.
Well, Sanchez is the wife of WME CEO Patrick Whitesell who separated around the fall, after Sanchez-Bezos's relationship made the buzz.
With over 25 years of togetherness, MacKenzie and Jeff Bezos share 4 children together, 3 sons and a daughter.
Although the family of 6 made many appearances together, the birth details and the name of their children never came out, except a son's name, ie. Preston.
As reported, the duo adopted their daughter from China.
Well, as per MacKenzie's interview with Vogue, she initially had to hold on to her career for a bit when their children were infants. Also, MacKenzie Bezos told that she rents a studio apartment as a writing office to avoid disturbance.
However, the couple's kids are around thirteen and eighteen years old meanwhile. So, she has to pick up and drop them off at school.
Who is MacKenzie Bezos?
MacKenzie Bezos is an American author, but famous as the wife of billionaire husband Jeff Bezos. Bezos is the CEO of the e-commerce company Amazon.
How many children does Jeff Bezos have?
Jeff Bezos has 4 children with his wife MacKenzie Bezos including a daughter adopted from China.
What is MacKenzie Bezos' age?
Born on April 7, 1970, MacKenzie Bezos' age is 48 as of January 2019.
How much is Jeff Bezos's net worth in 2019?
Jeff Bezos' net worth is $138 billion as of January 2019.
When did Jeff Bezos and MacKenzie announce their divorce?
Jeff Bezos and his wife MacKenzie announced their divorce on January 9, 2019, via Twitter.
Who founded Amazon & when?
MacKenzie Bezos' husband Jeff Bezos founded Amazon in 1994.
When did MacKenzie Bezos and Jeff Bezos marry?
MacKenzie and Jeff Bezos married on September 4, 1993.
For how many years were Jeff Bezos and his wife married?
Jeff Bezos and his wife were married for 25 years before announcing their divorce.