Jeff Bezos divorce: $136bn, Amazon in the middle - News Summed Up

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Jeff Bezos divorce: $136bn, Amazon in the middle


The announcement by Amazon founder Jeff Bezos, the world’s wealthiest man, and his wife that they will divorce has captivated the imagination – how will they split his giant fortune, estimated at $136 billion? If it were split in half, that would leave Bezos – who still runs the company – with an eight percent stake. So far, that prospect has not frayed Wall Street, with Amazon shares even up slightly on the Nasdaq on Wednesday after the announcement, only to fall back Thursday. They may also end up in an acrimonious divorce, which would surely cloud the prospects of Amazon, both on Wall Street and from a public relations perspective. When asked about the Bezos divorce on Thursday, President Donald Trump, himself twice divorced, said, “I wish him luck.


Source: Egypt Independent January 11, 2019 11:48 UTC



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