Richest Man In The World Agrees To The World's Most Expensive Divorce

5th April 2019

The Amazon shares alone will make MacKenzie Bezos the third-richest woman in the world.

Amazon founder Jeff Bezos, and his soon-to-be ex-wife MacKenzie have agreed a record-breaking divorce settlement of at least $35bn (€31 bn).

Ms Bezos keeps a 4 per cent stake in the online retail giant, worth $35.6bn on its own.

She was one of the first employees of Amazon, which was founded by former husband Jeff in their garage in Seattle in 1994 a year after they married.

The Amazon shares alone will make MacKenzie Bezos the world's third-richest woman while Jeff will remain the world's richest person, according to Forbes.

Jeff Bezos, 55, and MacKenzie, 48, a novelist, married in 1993 and have four children.

Prior to the settlement, Mr Bezos held a 16.3 per cent stake in Amazon. He will retain 75 per cent of that holding but Ms Bezos has transferred all of her voting rights to her former husband.

She will also give up her interests in the Washington Post newspaper and Mr Bezos' space travel firm Blue Origin.

Amazon’s vast online retail business which last year generated sales of $232.8bn (€207 bn) and has helped Mr Bezos and his family amass a fortune of $131bn (€117 bn), according to Forbes magazine.

Previously, the most expensive divorce deal was set by art dealer Alec Wildenstein and his ex-wife Jocelyn, whose divorce cost $3.8bn (€3.4 bn) in 1999. Ms Wildenstein became well-known for her extreme cosmetic surgery procedures.

9th April 2019

It was opposed by the UK government, which has said it could limit its room for negotiation with the European Union.

5th April 2019

The company, which is the biggest online retailer in the UK and stocks more than 850 different brands, warned profits growth was slowing despite cutting prices to match rivals.

4th April 2019

The pilots on duty ‘repeatedly’ followed procedures recommended by Boeing before the crash, but ‘were not able to control the aircraft’, Ethiopia’s Transport Minister Dagmawit Moges said.

Vanessa Conneely - 2nd April 2019

It’s the first time an airline has featured on the list.