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August 2, 2019

Bezoses divvy up Amazon stake

NEW YORK (AP) — Amazon founder Jeff Bezos and his ex-wife MacKenzie Bezos have completed their divorce and are divvying up their stake in Amazon, leaving both with a piece of the online shopping giant worth billions.

In government filings late Wednesday, Amazon disclosed that Jeff Bezos' stake in the company was cut to about 12%, from 16% after completing his divorce and selling nearly $2 billion worth of stock. His current stake is worth nearly $110 billion. He remains the company's largest shareholder.


 
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