Article 4J7Q8 Amazon's Jeff Bezos pays out $38bn in divorce settlement

Amazon's Jeff Bezos pays out $38bn in divorce settlement

by
Rupert Neate Wealth correspondent
from Technology | The Guardian on (#4J7Q8)

Ex-wife MacKenzie Bezos will become world's fourth-richest woman but has promised to give away half of award

The world's biggest divorce settlement will be made official this week as Amazon billionaire Jeff Bezos hands over a 4% stake in the online shopping giant to his soon-to-be ex-wife MacKenzie Bezos.

A judge is expected to sign legal papers transferring the Amazon shares - worth $38bn (29bn) - into MacKenzie Bezos's name. It is by some distance the largest divorce settlement in history the previous record was $2.5bn paid to Jocelyn Wildenstein when she divorced art dealer Alec Wildenstein in 1999.

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