Amazon Bezos founder divorce ends with a $ 38 billion deal: report

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PHOTO PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, United States, 04/03/2018 – Amazon CEO Jeff and wife MacKenzie Bezos. REUTERS / Danny Moloshok

(Reuters) – Amazon.com Inc (AMZN.OThe divorce of founder Jeff Bezos from his 25-year-old wife, MacKenzie Bezos, was completed by a Seattle area judge on Friday, pioneering his $ 38.3 billion acquisition of Amazon shares, according to Bloomberg.

In April, Amazon, the world's largest online retailer, said in a deposit that 4% of the outstanding shares or 19.7 million shares would be registered in MacKenzie Bezos after the divorce was approved.

The couple announced their divorce plan in a joint Twitter statement in January, causing some to worry that Jeff Bezos could end up reducing Amazon's voting power or that he or MacKenzie would liquidate a large position.

"It holds a 12% stake worth $ 114.8 billion and remains the richest person in the world," Bloomberg said. MacKenzie Bezos said he would give him control of his actions.

In May, MacKenzie pledged to donate half of his fortune to charity to join "Giving Pledge", a campaign announced by billionaire Warren Buffett and Microsoft Corp (MSFT.O) co-founder Bill Gates in 2010.

Reporting of Maria Ponnezhath and Mekhla Raina in Bengaluru; Editing by Cynthia Osterman

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