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Serious Reason behind Amazon Boss Jeff Bezos’ Divorse

Pinkieslut

Alfrescian
Loyal
1547054875334.jpeg
 

congo9

Alfrescian
Loyal
Even Ang Mo brought down by Chinese women.

I think it is the argumentative nature of modern woman and wanting to win and dominate the man in their marriage that brought it to these state.
 

Hypocrite-The

Alfrescian
Loyal
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Amazon founder Jeff Bezos splits with wife MacKenzie but pair will remain business partners
UPDATED ABOUT 6 HOURS AGO
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Jeff Bezos wearing a black suit and bow tie, MacKenzie Bezos wears a red evening gown.
PHOTO The pair are expected to continue working together despite ending their marriage.
AP: EVAN AGOSTINI
The world's richest man, Amazon founder Jeff Bezos, and wife MacKenzie Bezos are divorcing after 25 years of marriage.

Key points:
Jeff and MacKenzie Bezos plan to continue as business partners
It is unknown how the separation will impact Mr Bezos's 16.1 per cent stake in Amazon
Lawyer Liat Sadler has speculated the divorce will be not be an issue for shareholders
Mr Bezos, 54, has a fortune that has soared to as high as $US160 billion ($223 billion) thanks to his stake in Amazon, which again became Wall Street's most valuable company this week, surpassing Microsoft.

Mr Bezos has credited Ms Bezos, 48, 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.

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Ms Bezos, a Princeton graduate who is now a novelist, did accounting for Amazon for its first year after it was founded in 1994.

The couple decided to divorce after a long period of "loving exploration" and trial separation, and expect to continue as partners in ventures and projects, according to a joint statement posted on Twitter.

Amazon shares were up 0.2 per cent in midday trading on Wednesday.

The divorce should have no material impact on the company and its shares, said Thomas Forte, an analyst at DA Davidson & Co.

According to Refinitiv Eikon data, Ms Bezos does not hold any Amazon shares directly.

Mr Bezos has a 16.1 per cent stake in the company worth about $130 billion.

Liat Sadler, a San Francisco matrimonial lawyer, noted that spouses owe a fiduciary duty to one another.

"They have duties not to waste or devalue marital resources, and to keep the value of 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."

Ms Sadler said the main options facing the couple regarding Amazon stock were for Mr Bezos to buy out his wife or for Ms Bezos to retain shares.

"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 and Jeff Bezos walk by pine trees, wearing name tags and dressed casual clothing.
PHOTO Ms Bezos did the accounting for Amazon in its first year of existence.
REUTERS: RICK WILLING
It is unlikely that many details of the divorce will become public, New York lawyer Bernard Clair, who is representing Judith Giuliani in her divorce from former New York mayor Rudy Giuliani, said.

"These two have been separated for a not insignificant time, and I would assume … they would have used the time to reach a private, confidential agreement," Mr Clair said.

Couple married six months after meeting
Reuters was unable to determine any further financial details of the planned divorce. Amazon did not immediately return requests for comment about the status of the Bezos ownership stake or what impact the divorce might have on the company.

Ms 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 got married three months later, going on to have four children together.

Speaking at an event in Berlin last April, Mr Bezos said his wife's support was instrumental when he founded Amazon.

"When you have loving and supportive people in your life, like MacKenzie, my parents, my grandfather, my grandmother, you end up being able to take risks," he said.

In September Mr Bezos committed $2 billion through the Bezos Day One Fund to helping homeless families and starting pre-schools for low-income communities.

He had solicited ideas on Twitter in 2017 for ways to donate some of his wealth.

Last January, the couple donated $33 million to fund college scholarships for US high schoolers with Deferred Action for Childhood Arrivals (DACA) status, an Obama-era program protecting young immigrants brought to the United States illegally by their parents.

In 2012, they donated $2.5 million to a Washington state campaign to legalise same-sex nuptials there.

Bezos also owns a space company and The Washington Post
From modest beginnings, Amazon branched out into almost every product category, taking on established retailers such as Wal-Mart.

In November, Amazon picked America's financial and political capitals for massive new offices, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and just outside Washington, DC.

Mr Bezos also founded space company Blue Origin in 2000, and is funnelling $1 billion a year of his own fortune into pulling it out of start-up mode and into production.

Billionaire Jeff Bezos wearing aviator sunglasses standing in front of a rocket
PHOTO Mr Bezos has a 16.1 per cent stake in Amazon and founded space company Blue Origin.
SUPPLIED: BLUE ORIGIN
He also owns The Washington Post, which has been a target of criticism from US President Donald Trump.

In 2018 Forbes ranked Mr Bezos as the richest man in the world, with the businessman being the first person to have a personal net worth of more $US100 billion on the Forbes 400 list.

He topped the chart with an estimated worth of $US160 billion, ahead of Microsoft founder Bill Gates, who was found to have $US97 billion.

Reuters

POSTED ABOUT 8 HOURS AGO
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glockman

Old Fart
Asset
Jeff got sick of eating white meat and wants to try exotic oriental cuisine. But he could've chosen better dishes. :biggrin:
 

JustLikeThis

Alfrescian
Loyal
Can IE Singapore please let Amazon boss know that we have prettier Vietnam chicks in our local KTVs.

Don't believe ask FB and Google, their regional HQ are here and party all-night.
 

Hypocrite-The

Alfrescian
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Divorce could make Jeff Bezos’ wife Mackenzie world’s richest woman

JANUARY 10, 20191:21pm



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Bizarre billionaire side projects
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Shireen Khalil
news.com.au
The wife of Amazon CEO and world’s richest man Jeff Bezos could scoop as much as $96 billion following their divorce — earning her own title as the world’s richest woman.
Exactly what Bezos pays out his soon-to-be ex-wife Mackenzie Bezos will depend on the complexities of marital law and the value of Amazon, estimated to be worth $A191 billion.
The Amazon founder announced in a tweet yesterday that he and his wife of 25 years have “decided to divorce”. His tweet suggested the split would be amicable parting, saying “we remain a family and we remain cherished friends”.

Considering Amazon was founded a year after the Bezoses were married, Mackenzie could argue that she is entitled to half of Bezos’s entire Amazon-based fortune, USA Today reported. It’s also been reported any wealth made during their marriage outside of the company could be split equally between the two.
The divorce, which could become one of the most expensive in history, could potentially affect Bezos’s stake in Amazon.
2138af72c2e10abc5fb8a05b3bcb3ac6

eff Bezos and wife MacKenzie Bezos announced their separation after 25 years of marriage yesterday via social media.Source:AP
But, according to USA Today, divorce lawyers say Mackenzie would be unlikely to push for a settlement that would require Bezos to sell shares that would dilute his control as she would want the family fortune to continue to grow. Bezos currently has a 15 per cent stake in the company, or approximately $111 million in shares.
Mackenzie, 48 met and Bezos, 54 when she moved to New York from her hometown of San Francisco. Bezos had interviewed her for a job at the hedge fund where he was working at the time.
For Mackenzie, it was laugh at first sight.
“My office was next door to his, and all day long I listened to that fabulous laugh,” she told Vogue in a 2013 interview, the year she and Bezos married. “How could you not fall in love with that laugh?”


They dated for only three months before tying the knot.
e5a1d5ef24673ca296b137af683f8d01

MacKenzie could be entitled to half of Bezos’ entire Amazon-based fortune, estimated to be worth $AU191 billion.Source:Getty Images
Bezos told the publication he was attracted to her many great attributes.
“I think my wife is resourceful, smart, brainy, and hot, but I had the good fortune of having seen her resumé before I met her, so I knew exactly what her SATs were,” he joked.
He then had a crazy idea, which he ran past his wife, which was to quit his job and delve into the start-ups world.
“I told my wife MacKenzie that I wanted to quit my job and go do this crazy thing that probably wouldn’t work since most start-ups don’t, and I wasn’t sure what would happen after that,” he said in a 2010 address at his alma mater, Princeton.
While Bezos went on to build Amazon, which he started in his garage, Mackenzie Bezos went on to become an author and founded the anti-bullying organisation Bystander Revolution, where she serves as executive director. The organisation has worked with celebrities like Lily Collins, NFL star Tom Brady and Monica Lewinsky.
She is also a Princeton University graduate with a degree in English and studied fiction under Nobel prize-winning author Toni Morrison.
Mackenzie released two books titled, The Testing of Luther Albright and Traps.
The New York Times called the first of these, which won an American Book Award in 2006, a “quietly absorbing first novel” about “an emotionally repressed husband”.
722b59858573832fe03b4e8031e4b870

The Amazon billionaire is reportedly having a “secret” relationship with Lauren Sanchez, Good Day LA anchor.Source:AP
The pair have four children together — one daughter, who they adopted from China, and three sons.
The billionaire exec was adopted himself at a young age by his stepfather, Cuban immigrant Miguel “Mike” Bezos, an engineer at Exxon.
According to CNBC, when it comes to giving his own children the advice, Bezos tells them they need to work hard and be proud of the choices they make, not what they can accomplish easily.
Rumours recently surfaced thatBezos “has been seeing” the estranged wife of Hollywood mogul Patrick Whitesell, who is an agent to stars including Matt Damon, Christian Bale and Kevin Cosner.
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jw5

Moderator
Moderator
Loyal
What a great phrase!

"The couple decided to divorce after a period of loving exploration................." LOL....................:biggrin::roflmao:
 

glockman

Old Fart
Asset
What a great phrase!

"The couple decided to divorce after a period of loving exploration................." LOL....................:biggrin::roflmao:
Yes indeed! :laugh: Isn't the English language wonderful! Such a civil and family-friendly way to say they were fucking around. :biggrin:
 
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