Amazon’s Bezos finalizes divorce with $38bn settlement

The couple announced their plan to divorce in a joint Twitter statement in January. (File/Reuters)
Updated 06 July 2019

Amazon’s Bezos finalizes divorce with $38bn settlement

  • MacKenzie Bezos will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company
  • Jeff Bezos will retain a 12 percent stake and remain the world’s richest man

SAN FRANCISCO: Amazon founder Jeff Bezos and MacKenzie Bezos finalized their divorce Friday to the tune of a $38-billion settlement, Bloomberg News reported.
Under the agreement, MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company valued at $38.3 billion, and landing her at 22nd on the Bloomberg Billionaires Index, the news service said.
A judge in Washington state’s King County finalized the divorce. Jeff Bezos, 55, will retain a 12 percent stake and remain the world’s richest man.
MacKenzie Bezos, a novelist, has said she would give all of her stake in The Washington Post and the space exploration firm Blue Origin to her husband as well as voting control of her remaining Amazon stock.
She has also promised to donate half her fortune to charity, joining the ranks of the world’s ultra-wealthy philanthropists as a signatory of the Giving Pledge.
The personal life of Jeff Bezos was thrust into the spotlight with the announcement in January that he and his wife were divorcing after 25 years of marriage and the revelation by the National Enquirer that he had been having an affair with a former news anchor, Lauren Sanchez.
Jeff and MacKenzie Bezos married in 1993 and have four children. Jeff Bezos founded Amazon in their Seattle garage in 1994 and turned it into a colossus that dominates online retail.


‘Mission: Impossible VII’ halts Italy filming over coronavirus

Updated 25 February 2020

‘Mission: Impossible VII’ halts Italy filming over coronavirus

  • Seventh installment of ‘Mission: Impossible’ franchise was scheduled to shoot in Venice for three weeks
  • taly reported its seventh death from the new coronavirus on Monday

WASHINGTON: Production on the latest film in the “Mission: Impossible” series starring Tom Cruise has been stopped in Italy following the outbreak of coronavirus cases, US media reported Monday.
According to entertainment specialist The Wrap, the seventh installment of the Paramount Pictures franchise was scheduled to shoot in Venice for three weeks.
“Out of an abundance of caution for the safety and well-being of our cast and crew, and efforts of the local Venetian government to halt public gatherings in response to the threat of coronavirus, we are altering the production plan for our three-week shoot in Venice,” a Paramount spokesperson said in a statement to The Wrap.
The spokesperson added that Cruise had not traveled to Italy, and that crew members were allowed to return home until production started.
Italy reported its seventh death from the new coronavirus Monday, but officials called for calm and reported a lower rise in the number of infections after a spike over the weekend.
The number of cases now stood at 229, the head of Italy’s civil protection department Angelo Borelli said at a press conference on Monday evening, the highest number in Europe.
In addition to “MI7,” the spread of the virus has disrupted high-profile events including Milan Fashion Week and the Venice Carnival. On Monday evening, sports minister Vincenzo Spadafora announced that six Serie A football matches would be played behind closed doors.
“Mission: Impossible VII” is due in theaters on July 23, 2021.