To everyone’s amazement, Jeff Bezos announced via his Twitter account; @jeffbezos on the 9th of January 2019 that they are getting divorced.
“We feel incredibly lucky to have found each other and deeply grateful for every one of the years we have been married to each other,” the couple said in a statement posted to Bezos’ Twitter account. “If we had known we would separate after 25 years, we would do it all again.”
In a joint statement, the couple, or rather parent of four children said: “We feel incredibly lucky to have found each other and deeply grateful for every one of the years we have been married to each other,” the statement continued. “If we had known we would separate after 25 years, we would do it all again.”
The following statement by Jeff Bezos shows that although they seem to be the best and happiest couple, the couple went through a “long period of loving exploration and trial separation” before deciding to divorce: “We want to make people aware of a development in our lives.
As our family and close friends know, after a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends. We feel incredibly lucky to have been married to each other.
If we had known we would separate after 25 years, we would do it all again. We’ve had such a great life together as a married couple, and we also see wonderful futures ahead, as parents, friends, partners in ventures and projects, and individuals pursuing ventures and adventures. Though the labels might be different, we remain a family, and we remain cherished friends.”
Bezos, 54, and MacKenzie, 48, at the time of divorce, met and got married while working at D.E. Shaw, a New York-based hedge fund, in 1993. Shortly after, they packed up and moved across the country to Seattle, where Bezos launched Amazon.
Bezos has credited MacKenzie, for her support when he uprooted the young couple from New York to Seattle so he could launch the online bookseller that grew into one of the world’s largest retailers. MacKenzie, a Princeton graduate who is now a novelist, did accounting for Amazon for its first year after it was founded in 1994.
Amazon shares were up 0.2 per cent in midday trading on Wednesday, January 9, 2019. The divorce should have no material impact on the company and its shares, said Thomas Forte, an analyst at DA Davidson & Co.
Liat Sadler, a San Francisco matrimonial lawyer, said the main options facing the couple regarding Amazon stock were for Jeff Bezos to buy out his wife or for MacKenzie Bezos to retain shares.
“They have duties not to waste or devalue marital resources, and to keep the value of the marital property as high as possible,” she said. “I don’t think there is an issue of concern for shareholders as to what will happen to Amazon because of the divorce.
If she trusts that he would manage Amazon well, either he should pay her for her share of the stock, or they could enter a more complicated agreement where she keeps stock and he keeps voting rights”. She said.
MacKenzie Bezos met her husband when interviewing for a job at a New York hedge fund, according to a 2013 profile in Vogue. The two were engaged after three months of dating and married three months after that, according to the magazine. The pair have four children.
In 2013, MacKenzie Bezos appeared on PBS and spoke about how Amazon started out as an online bookstore. “You know, I’m not a business person, so, to me, what I’m hearing when he tells that idea is the passion and the excitement,” she said. “And, to me, you know, watching your spouse, somebody that you love, have an adventure, what is better than that and being part of that?”
What do you think about this divorce? Is it going to affect Jeff Bezos’ net worth?
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