THE $38 BILLION BEZOS DIVORCE

THE $38 BILLION BEZOS DIVORCE

The world’s most expensive divorce settlement is likely to be finalized later this week as Jeff and MacKenzie Bezos’ divorce settlement is expected any day now. The couple announced their divorce in January after 25 years of marriage and four children. As part of the settlement, MacKenzie Bezos will get 25% of the couple’s Amazon stock, according to an April securities filing.  That should give her a 4% stake in the company, which will amount to around $38 billion.

After the settlement, MacKenzie Bezos will become the world’s fourth-richest woman and Jeff Bezos, the CEO and founder of Amazon, will remain the richest individual in the world with an estimated net worth of $118 billion, according to the Bloomberg Billionaires Index. The settlement is expected to come this week based on a 90-day timeline given in a financial disclosure filed in April.

At $38 billion, the amount is unprecedented and the Bezos divorce will easily become the most expensive divorce settlement of all time. The record was previously held by the 1999 divorce between French-American businessman and art dealer Alec Wildenstein and his wife of 21 years, Jocelyn Wildenstein. The high profile proceedings resulted in Jocelyn being awarded $2.5 billion and an annual $100 million for 13 years. For more on high dollar divorces, check out my previous post on the most expensive divorce settlements of all time.

If you or someone you know have questions with regard to obtaining a divorce or any other family law matter, our experienced attorneys can help. For assistance, click or call 610-892-3877.

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