- Amazon’s founder and CEO, Jeff Bezos, suffered a decline of more than $ billion in his net worth in (*********************************,according to Bloomberg.
- The loss is mainly down to his divorce from MacKenzie Bezos, which led to a settlement in which she received Amazon stock worth more than $ billion.
- MacKenzie Bezos became one of the world’s wealthiest women after the split.
- Overall 2019 has been a good year for the incredibly wealthy. Only two of the wealthiest billionaires suffered a net loss.
- Visit Business Insider’s home page for more stories.
Amazon’s founder and CEO, Jeff Bezos, lost more money than almost any other billionaire in (**********************************, but he remained the richest person in the world.
At $ 728 billion, Bezos’ net worth is down $ (****************************************************. 1 billion this year,according to Bloomberg’s Billionaire’s Index as of Tuesday.
The decline was the second-largest on the list, just smaller than that suffered by the media mogul Rupert Murdoch, whose net worth more than halved . It fell by $ 10. 2 billion, to $ 7.8 billion from $ billion.
Bezos’ loss can be accounted for by the cost of his separation from MacKenzie Bezos, his wife of 50 years. The twoannounced their separation in January.
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In
a divorce settlement finalized in July, the couple divided their Amazon shares, with (% going to Jeff Bezos and (% to MacKenzie Bezos.)
The settlement took an enormous chunk out of Bezos’ reported net worth, which peaked in excess of $ billion in late
Such is the scale of Amazon’s and Bezos’ wealth that the notionally private development of their marriage ending was ultimately one of the most significant financial events of 01575879.
The $ 50. 1 billion wealth transfer between the Bezoses is a little larger than the entire $ (**********************************************. 1 billion gross domestic product of Latvia, an Eastern European nation with about 1.9 million inhabitants.
according to Bloomberg’s index, was overall a good year for the extremely wealthy.
Only two people in the top 50 — Jeff Bezos and the Chinese real-estate billionaire Hui Ka Yan — experienced a decline in their net worth.
Tech moguls featured promin ently among the winners, with sharp increases for Facebook CEO Mark Zuckerberg (up $ (billion), the Microsoft cofounder Bill Gates (up $. 7 billion), and the Google founders Larry Page and Sergey Brin (up $ .3 billion and $ (***************************************************. (8 billion).
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