Jeff Bezos agrees to $35 billion divorce settlement

KEVORK DJANSEZIAN / GETTY IMAGES NORTH AMERICA / AFP

Amazon boss Jeff Bezos and wife MacKenzie have agreed a record-breaking divorce settlement worth at least $35 billion.

Bezos will retain voting control of his entire $143 billion stake in Amazon, with MacKenzie given 4 per cent stake in the online retail giant.

"Grateful to have finished the process of dissolving my marriage with Jeff," MacKenzie said on Twitter.

Prior to the settlement, she held a 16.3 per cent stake in Amazon.

 

More from Business

Coming Up on Dubai Eye

  • Nights on Dubai Eye 103.8

    11:00pm - 7:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

  • Nights on Dubai Eye 103.8

    7:00am - 10:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.