Entertainment: What’s Next in Jeff Bezos’ $137 Billion Divorce — and Why It Could Even Affect the U.S. Economy - PressFrom - US
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EntertainmentWhat’s Next in Jeff Bezos’ $137 Billion Divorce — and Why It Could Even Affect the U.S. Economy

00:30  12 january  2019
00:30  12 january  2019 Source:   people.com

Jeff Bezos makes more per minute than you do in a year

Jeff Bezos makes more per minute than you do in a year Plus other head-spinning facts.

What ’ s Next in Jeff Bezos ’ $ 137 Billion Divorce and Why It Could Affect the U . S . Economy .

Experts say that dividing Jeff Bezos ’ $ 137 billion net worth and shares of Amazon stock could Included in Bezos ’ $ 137 billion estimated net worth are a multi-million dollar real estate portfolio “ It ’ s a question of how they will distribute the assets without altering or affecting adversely the value of

What’s Next in Jeff Bezos’ $137 Billion Divorce — and Why It Could Even Affect the U.S. Economy © Kevin Mazur/Getty What’s Next in Jeff Bezos’ $137 Billion Divorce — and Why It Could Even Affect the U.S. Economy

Because of the enormous amount of money involved, Jeff Bezos‘ divorce from wife MacKenzie is not only complicated and expensive — it could even have an impact on the U.S. economy.

The Amazon CEO, 54, who is now the richest man in the world with an estimated net worth of $137 billion, and his wife MacKenzie, 48, announced Wednesday that they would be splitting after 25 years of marriage, and experts say their decision has huge financial ramifications.

Included in Bezos’ $137 billion estimated net worth are a multi-million dollar real estate portfolio, various charitable gifts and foundations and about 16 percent of Amazon’s stock, all of which will most likely need to be divvied up — in half, if the couple did not have a prenuptial agreement as has been reported.

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5 Things to Know About Lauren Sanchez, the Woman Caught With Jeff Bezos Jeff Bezos was caught cheating with Lauren Sanchez during his marriage to MacKenzie Bezos. Jeff Bezos’ Massive Properties Are at Stake in Divorce From Wife MacKenzie: Pics Hours after the Amazon CEO announced his divorce from MacKenzie, with whom he shares four children, theNational Enquirerrevealed Jeff was unfaithful. According to the outlet, Jeff, 54, and Sanchez, 49, have been seeing each other for eight months. Sanchez is married to talent agent Patrick Whitesell, a longtime friend of Jeff’s.

Jeff Bezos announced on Wednesday that he and his wife MacKenzie are divorcing after 25 years of marriage — and it may be one of the most expensive divorces ever , after Bezos was named the richest man in the world in June 2018. In a tweet on Wednesday morning, the 54-year-old founder and

Jeff Bezos has announced he and his wife are divorcing and a record $ 137 BILLION is on the line. Bezos said on Twitter that -- after what he called a Bezos , who is 54, made it clear the divorce is amicable, saying, "We feel incredibly lucky to have found each other and deeply grateful for every one

How the couple divide the Amazon stock has major ramifications for the massive company, whose overall stock is worth about $800 billion.

“It’s a question of how they will distribute the assets without altering or affecting adversely the value of Amazon,” says Marilyn Chinitz, a New York-based divorce attorney who is not associated with the case. The couple, she says, “will not want to do anything — not only for themselves, but also for the public — that will tank a major company in the U.S. economy.”

The pair could work out a plan to hold onto the stock together.

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Jeff Bezos and his wife MacKenzie are divorcing after 25 years of marriage, the Amazon CEO and Washington Post owner has announced, potentially leading to the costliest divorce settlement in history with $ 137 billion at stake. The richest man in the world, currently worth about $ 137 billion , according

RELATED: What ’ s Next in Jeff Bezos ’ $ 137 Billion Divorce — and Why It Could Even Affect the U . S . Economy . He was also spotted chatting with Sanchez and Whitesell, 53, at Amazon’ s Golden Globes party after the awards show, a partygoer told PEOPLE. “ Jeff was in great spirits and having

“My intuition is that they will end up holding the stock as a unit because they can vote together more powerfully and they will both have decision-making rights,” says L.A.-based family law attorney Steve Mindel, who is not involved in the proceedings. “Then there will be some system for if they can’t both agree, a tie-breaker or board of directors who will meet and vote in favor of either party.”

Chinitz agrees. “They are smart enough to know they want to continue to grow Amazon and not dilute the interest and not dilute his control in the company,” she says. “I suspect they will work out an intellectually honest and fair agreement that will allow the company to continue to flourish. And I would suspect that she will not be inclined to push for a settlement that would make him sell his shares. I think they will do it in a careful way that will maximize value and that does not put a diminished valuation on the stock.”

Trump slams 'Jeff Bozo,' Washington Post over Amazon founder's divorce

Trump slams 'Jeff Bozo,' Washington Post over Amazon founder's divorce President Donald Trump on Sunday coined a new nickname for Amazon founder Jeff Bezos and praised the "far more accurate" National Enquirer reporting that revealed Bezos' alleged affair at the expense of Bezos' own outlet, The Washington Post. "So sorry to hear the news about Jeff Bozo being taken down by a competitor whose reporting, I understand, is far more accurate than the reporting in his lobbyist newspaper, the Amazon Washington Post," Trump tweeted.

While Wall Street took the announcement in stride, investors will be watching to see if the divorce settlement affects Bezos ’ s control of Amazon. The Enquirer and the New York Post later reported that Jeff Bezos has been having a relationship with Lauren Sanchez

Jeff and MacKenzie Bezos are set to finalize their divorce this week — here' s what typically happens when billionaires break up. And for billionaires in the public eye, like Bezos , there' s also the issue of how the divorce will affect the company, Newman said: "They could be distracted or emotionally

So far, there’s no sign that the Bezoses’ divorce will be contentious. “If we had known we would separate after 25 years, we would do it all again,” they wrote in a statement on Twitter, adding they would “remain cherished friends” — though news quickly broke that Jeff Bezos has been dating former news anchor Lauren Sanchez, 49.

“It’s likely an uncontested, amicable divorce, it’s just you have layers and layers of people signing off on it,” says L.A.-based tax attorney Bruce Givner. “I’m guessing [MacKenzie] doesn’t contest the control of the business. If she said ‘No, I can run this business better,’ we would have a different story.”

Amicable or no, the division of their impressive assets will requite a lot of lawyers.

“It’s going to take an intense legal team,” says Mindel. “You’re going to have a corporate legal team, the family law legal team, the estate planning legal team, a tax legal team, this requires a minimum of 6 to 20 attorneys on each side of the table. ‘Half’ is going to be an interesting term.”

–with reporting by Liz McNeil

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Jeff Bezos accuses National Enquirer parent of 'extortion and blackmail' attempt

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What do you make of the statement released by Bezos on Twitter? Could this jeopardize Bezos ’ s position as the richest man in the world? Depending upon how diversified he is, it could involve throwing her more of some other assets and less of Amazon.

The announcement that Amazon founder Jeff Bezos , whose net worth is pegged at $ 137 billion Jeff is the 25th largest landowner in the U . S ., according to Business Insider. One thing that could Even if Bezos ’ net worth is cut in half following the divorce , he’ll still be one of the world’ s richest people.

The National Enquirer pushed the envelope with Bezos, but was it a crime?.
Legal experts say The National Enquirer has pushed the envelope far when it comes to its dealings with Jeff Bezos and his team, but proving a crime of extortion might be difficult. Q: What is Bezos alleging? A: Bezos, the Amazon.com chief executive who also owns The Washington Post, took the extraordinary step of publishing emails between lawyers for his security consultant and the Enquirer on the website Medium on Thursday. He then tweeted a link to his post. He wrote that the Enquirer's parent company, American Media Inc.

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