Friday, April 5, 2019

Jeff Bezos Keeps Amazon Voting Power In Divorce Settlement

Personally, I think this is the best possible outcome in this situation.

Amazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of his entire $143 billion stake in the company under a divorce settlement with his wife, MacKenzie Bezos, who will own 25 percent of those shares, the couple said on Thursday, removing uncertainty over control of the online retailer.