MacKenzie Bezos To Receive More Than $35 Billion Of Amazon Stock, Will Be World’s Third-Richest Woman

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MacKenzie Bezos To Receive More Than $35 Billion Of Amazon Stock, Will Be World’s Third-Richest Woman
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MacKenzie Bezos to receive more than $35 billion of Amazon stock, which will make her the world's 3rd richest woman

Jeff Bezos, founder and chief executive of Amazon, announced on Thursday that he will transfer roughly 4% of the company’s stock to his wife, MacKenzie, most likely by early July. The couple are in the process of finalizing their divorce.

Those shares are worth more than $35 billion as of 1:30 p.m. Eastern Time on Thursday. That would make MacKenzie the third-richest woman in the world, behind L’Oréal’s Francoise Bettencourt Meyers, who is worth an estimated $52.9 billion, and Walmart’s Alice Walton, who is worth $45 billion. She would rank as 26th-richest person, ahead of Nike’s Phil Knight.

Jeff Bezos will remain the world’s richest person, with a net worth above $110 billion, per early Thursday afternoon stock prices. Bill Gates is the world’s second-wealthiest individual, boasting an estimated $99.5 billion fortune.posted to his Twitter account, Jeff Bezos said, “In all our work together, MacKenzie’s abilities have been on full display. She has been an extraordinary partner, ally, and mother.

The couple filed a petition for divorce on April 4, and they expect an official decree to be issued in early July, they said in an SEC filing that outlined the transfer of shares. The filing noted that Jeff Bezos will continue to exercise voting control over MacKenzie’s shares, unless she sells them on the open market or gives them to qualifying nonprofits.

If MacKenzie transfers shares, the recipient of the stock must sign a similar agreement granting Jeff Bezos voting control.

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