Amazon CEO Jeff Bezos to Pay Out $38 Billion in Divorce Settlement

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Jeff Bezo’s soon-to-be-ex-wife MacKenzie Bezos is set to become the fourth-richest woman in the world, as a court will be granting her a 4% stake in Amazon. These shares happen to be worth $38 billion, which makes this the largest divorce settlement in history.

In a letter sent to the Giving Pledge, MacKenzie says she will be giving away at least half of the money to charity and vows to “keep at it until the safe is empty.”

Despite handing over the vast sum, Jeff Bezos will still be the world’s richest individual with a $118bn fortune. He has not signed up to the Giving Pledge. He has given $2bn, less than 2% of his wealth, to the Bezos Day One Fund to help address homelessness and improve education for children in low-income families.

He has congratulated his former wife in a tweet linking to her Giving Pledge letter. “MacKenzie is going to be amazing and thoughtful and effective at philanthropy, and I’m proud of her,” he said. “Her letter is so beautiful. Go get ’em MacKenzie.”

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Tsing Mui
News poster at The FPS Review.

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