38 billion reasons to say goodbye: Ex-Mrs Bezos splits from Jeff with 4% of Amazon shares in tow

Says she'll keep at philanthropy 'until the safe is empty'

Amazon boss Jeff Bezos is handing his now ex-wife Mackenzie $38bn in shares as part of the final settlement.

The couple's separation has been made official by a judge in King County, Washington, according to Bloomberg, which also reckoned the judgement will put MacKenzie Bezos straight in at number 22 in the publication's billionaires index of the world's 500 richest people when the shares are transferred.

The Bezos' divorce was enlivened by a clumsy blackmail attempt from National Enquirer publisher America Media Inc.

Bezos went public when AMI said it would not publish the Amazon boss's dick pics if Bezos got The Washington Post, which he also owns, to stop investigating the mag's alleged links to the Saudi royal family and its campaign to "catch and kill" negative stories about US president Donald Trump.

Amazon CEO Jeff Bezos

National Enquirer's big Pecker tried to shaft me – but I wouldn't give him an inch, says Jeff Bezos after dick pic leak threat


In exchange for not publishing the sex texts, AMI demanded: "A public, mutually-agreed upon acknowledgement from the Bezos Parties, released through a mutually agreeable news outlet, affirming that they have no knowledge or basis for suggesting that AMI's coverage was politically motivated or influenced by political forces, and an agreement that they will cease referring to such a possibility."

Bezos braved the embarrassment by going public with an open letter.

MacKenzie Bezos said back in April that she was handing back her interests in Blue Origin and The Washington Post, as well as three-quarters of her Amazon stock.

She has already signed the Giving Pledge and promised: "I have a disproportionate amount of money to share. My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won't wait. And I will keep at it until the safe is empty."

According to an SEC filing back in April, the ex-Mrs Bezos is getting 4 per cent of Amazon shares but Jeff will keep voting rights until she sells them or passes them on. ®

Similar topics

Other stories you might like

  • US won’t prosecute ‘good faith’ security researchers under CFAA
    Well, that clears things up? Maybe not.

    The US Justice Department has directed prosecutors not to charge "good-faith security researchers" with violating the Computer Fraud and Abuse Act (CFAA) if their reasons for hacking are ethical — things like bug hunting, responsible vulnerability disclosure, or above-board penetration testing.

    Good-faith, according to the policy [PDF], means using a computer "solely for purposes of good-faith testing, investigation, and/or correction of a security flaw or vulnerability."

    Additionally, this activity must be "carried out in a manner designed to avoid any harm to individuals or the public, and where the information derived from the activity is used primarily to promote the security or safety of the class of devices, machines, or online services to which the accessed computer belongs, or those who use such devices, machines, or online services."

    Continue reading
  • Intel plans immersion lab to chill its power-hungry chips
    AI chips are sucking down 600W+ and the solution could be to drown them.

    Intel this week unveiled a $700 million sustainability initiative to try innovative liquid and immersion cooling technologies to the datacenter.

    The project will see Intel construct a 200,000-square-foot "mega lab" approximately 20 miles west of Portland at its Hillsboro campus, where the chipmaker will qualify, test, and demo its expansive — and power hungry — datacenter portfolio using a variety of cooling tech.

    Alongside the lab, the x86 giant unveiled an open reference design for immersion cooling systems for its chips that is being developed by Intel Taiwan. The chip giant is hoping to bring other Taiwanese manufacturers into the fold and it'll then be rolled out globally.

    Continue reading
  • US recovers a record $15m from the 3ve ad-fraud crew
    Swiss banks cough up around half of the proceeds of crime

    The US government has recovered over $15 million in proceeds from the 3ve digital advertising fraud operation that cost businesses more than $29 million for ads that were never viewed.

    "This forfeiture is the largest international cybercrime recovery in the history of the Eastern District of New York," US Attorney Breon Peace said in a statement

    The action, Peace added, "sends a powerful message to those involved in cyber fraud that there are no boundaries to prosecuting these bad actors and locating their ill-gotten assets wherever they are in the world."

    Continue reading

Biting the hand that feeds IT © 1998–2022