Friday, January 11, 2019

Amazon COE Faces 50-50 Prenup


Jeff Bezos, the COE of  Amazon, 54 — who sits at the top of Forbes’ world billionaires ranking with a real-time worth of $137.1 billion — and MacKenzie, 48, an award-winning novelist, live in Washington state, a “community property state,” meaning divorcing couples without a prenup split assets 50-50.

Since Amazon was founded a year after the Bezoses tied the knot, MacKenzie could fetch as much as $66 billion based on the value of the company today.

To fund a settlement of that magnitude, Bezos would have sell or pledge shares, which could dilute his ownership and control of the company.

He owns just under 80 million shares, or just under 16 percent of Amazon.

But divorce lawyers say MacKenzie will very likely want the family fortune to keep growing, so she would probably not push for a settlement that would require him to sell shares, according to the news outlet.

Meanwhile, Jeff Bezos and his wife, MacKenzie, who announced they are divorcing after 25 years of marriage, did not have a prenuptial agreement — meaning they will divide their gargantuan fortune equally.

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