Amazon’s Bezos finalizes divorce with $38bn settlement

The couple announced their plan to divorce in a joint Twitter statement in January. (File/Reuters)
Updated 06 July 2019

Amazon’s Bezos finalizes divorce with $38bn settlement

  • MacKenzie Bezos will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company
  • Jeff Bezos will retain a 12 percent stake and remain the world’s richest man

SAN FRANCISCO: Amazon founder Jeff Bezos and MacKenzie Bezos finalized their divorce Friday to the tune of a $38-billion settlement, Bloomberg News reported.
Under the agreement, MacKenzie Bezos, 49, will receive approximately 19.7 million Amazon.com shares, giving her a four percent stake in the company valued at $38.3 billion, and landing her at 22nd on the Bloomberg Billionaires Index, the news service said.
A judge in Washington state’s King County finalized the divorce. Jeff Bezos, 55, will retain a 12 percent stake and remain the world’s richest man.
MacKenzie Bezos, a novelist, has said she would give all of her stake in The Washington Post and the space exploration firm Blue Origin to her husband as well as voting control of her remaining Amazon stock.
She has also promised to donate half her fortune to charity, joining the ranks of the world’s ultra-wealthy philanthropists as a signatory of the Giving Pledge.
The personal life of Jeff Bezos was thrust into the spotlight with the announcement in January that he and his wife were divorcing after 25 years of marriage and the revelation by the National Enquirer that he had been having an affair with a former news anchor, Lauren Sanchez.
Jeff and MacKenzie Bezos married in 1993 and have four children. Jeff Bezos founded Amazon in their Seattle garage in 1994 and turned it into a colossus that dominates online retail.


Sumatran tiger kills farmer in Indonesia

Updated 13 December 2019

Sumatran tiger kills farmer in Indonesia

  • Tigers mauled to death another coffee farmer and seriously injured two Indonesian tourists in separate incidents in the province last month
  • Human-animal conflicts are common in the vast Southeast Asian archipelago, especially in areas where the clearing of rainforest is destroying animal habitats

PALEMBANG, Indonesia: A Sumatran tiger has killed an Indonesian farmer, police said Friday, in the third fatal attack by the critically endangered species in less than a month.
The 55-year-old was set upon by the big cat at a coffee plantation in South Sumatra province on Thursday.
Authorities said the dead man’s companion screamed in vain to warn him about the approaching predator.
“All of sudden, the tiger pounced on the victim,” local police chief Ferry Harahap told AFP on Friday.
The deadly attack comes just a week after a tiger killed another farmer in nearby Pagaralam.
Tigers mauled to death another coffee farmer and seriously injured two Indonesian tourists in separate incidents in the province last month.
Local conservation agency official Martialis Puspito blamed human encroachment on the endangered animal’s habitat for the spate of attacks, adding that residents were being warned to steer clear of the wilderness.
“We cannot drive out the tigers because the jungles are their habitat so it’s people who have to stay out of there,” he said.
Human-animal conflicts are common in the vast Southeast Asian archipelago, especially in areas where the clearing of rainforest to make way for palm oil plantations is destroying animal habitats.
Sumatran tigers are considered critically endangered by the International Union for Conservation of Nature, with fewer than 400 believed to remain in the wild.