Tag Archives: BEZOS

Amazon founder Bezos’ divorce final with $38 billion settlement: report

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FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and wife MacKenzie Bezos. REUTERS/Danny Moloshok

(Reuters) – Amazon.com Inc (AMZN.O) founder Jeff Bezos’ divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported.

In April, Amazon, the world’s biggest online retailer, said in a filing that 4% of its outstanding stock or 19.7 million shares would be registered in MacKenzie Bezos’ name after court approval of the divorce.

The couple announced their plan to divorce in a joint Twitter statement in January, causing some to worry that Jeff Bezos could wind up with reduced Amazon voting power or that he or MacKenzie would liquidate large position.

He retains a 12% stake worth $114.8 billion and remains the world’s richest person, Bloomberg said. MacKenzie Bezos has said she would give him voting control of her shares.

MacKenzie in May pledged to give half her fortune to charity to join the “Giving Pledge,” a campaign announced by billionaire Warren Buffett and Microsoft Corp (MSFT.O) co-founder Bill Gates in 2010.

Reporting by Maria Ponnezhath and Mekhla Raina in Bengaluru; Editing by Cynthia Osterman

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Saudis gained access to Amazon CEO Bezos’ phone: Bezos’ security chief

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WASHINGTON (Reuters) – The security chief for Amazon chief executive Jeff Bezos said on Saturday that the Saudi government had access to Bezos’ phone and gained private information from it.

Gavin De Becker, a longtime security consultant, said he had concluded his investigation into the publication in January of leaked text messages between Bezos and Lauren Sanchez, a former television anchor who the National Enquirer tabloid newspaper said Bezos was dating.

Last month, Bezos accused the newspaper’s owner of trying to blackmail him with the threat of publishing “intimate photos” he allegedly sent to Sanchez unless he said in public that the tabloid’s reporting on him was not politically motivated.

In an article for The Daily Beast website, De Becker said the parent company of the National Enquirer, American Media Inc., had privately demanded that De Becker deny finding any evidence of “electronic eavesdropping or hacking in their newsgathering process.”

“Our investigators and several experts concluded with high confidence that the Saudis had access to Bezos’ phone, and gained private information,” De Becker wrote. “As of today, it is unclear to what degree, if any, AMI was aware of the details.”

A spokesman for the Saudi embassy in Washington did not immediately return a request for comment. In February, the kingdom’s minister of state for foreign affairs said Saudi Arabia had “absolutely nothing to do” with the National Enquirer’s reporting on the affair.

A representative for AMI did not immediately respond to a request for comment. AMI has previously said that it acted lawfully in the reporting of the Bezos story.

De Becker said he has turned over the findings of his investigation to U.S. federal officials, without elaborating.

Reporting by Christopher Bing; Editing by Mary Milliken and Rosalba O’Brien

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