Sunday, 21 July, 2019

Bezos ex-wife to surrender 75% of couple’s Amazon shares

Jeff Bezos and Mac Kenzie Bezos who founded Amazon announced their split earlier this year Jeff Bezos and Mac Kenzie Bezos who founded Amazon announced their split earlier this year
Russell Knight | 04 April, 2019, 22:27

The Amazon CEO will receive 75 percent of the couple's Amazon shares and retain voting authority for remaining shares owned by MacKenzie Bezos.

In a tweet, Bezos said on Thursday that while she will retain one-quarter of the couple's stake in Amazon, the company they founded out of their garage in 1994, she will hand over all of the voting shares to Jeff "to support his continued contributions with the teams of these incredible companies".

Ms Bezos made the announcement in a tweet - her first and only one since joining the microblogging website this month - stating that she was "grateful to have finished the process of dissolving my marriage to Jeff with support from each other".

"Excited about my own plans", she added.

"Grateful for the past as I look forward to what comes next", she said. "She has been an extraordinary partner, ally, and mother". "She is resourceful and brilliant". At current value, this means her stake is worth more than $35 (£37) billion, according to Forbes. Eastern Time on Thursday.

UK lawmakers might need to sit on Brexit day
Britain has until April 12 to propose a withdrawal plan to Brussels which must be accepted by 27 member states of the EU. British Prime Minister Theresa May's European Union withdrawal deal has been rejected three times by lawmakers.

Apple with HDFC slashes iPhone XR price in India
It remains to be seen if Apple will end up offering a similar discount on the iPhone XS and iPhone XS Max in India. The 128GB iPhone XR (original price ₹81,900) will cost ₹64,900 for non-HDFC customers and ₹58,400 for HDFC users.

Congressman Matt Gaetz Introduces His 'Green Real Deal' Climate Plan
But Gaetz has not always championed action on climate change , having sponsored a bill in the last Congress to abolish the EPA. Trump then ridiculed more senior Senators who support the Green New Deal out of fear of AOC's popularity.

L'Oreal cosmetics heiress Francoise Bettencourt Meyers is the world's richest woman, with an estimated net worth of $53.6 billion, according to Bloomberg's Billionaires Index. Jeff's, meanwhile, is worth about $143 billion U.S., plus his other holdings.

Bill Gates is still the second-richest person at $99.5 billion.

The agreement requires AMI to commit no crimes for three years.

The Bezoses announced their divorce in January, not long before the National Enquirer tabloid newspaper published an expose that Jeff Bezos had been having a relationship with Lauren Sanchez, a former TV anchor.

American Media Inc. says in a statement issued Friday it "acted lawfully" while reporting the story. Since then, private investigators have been looking into how the Enquirer got the texts.

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