Mackenzie Bezos says she is going to give Jeff 75% of her Amazon shares

Jonathan Garber,Arjun ReddyApr 4, 2019, 22:53 IST

Amazon CEO Jeff Bezos and his wife, MacKenzie BezosJörg Carstensen/picture alliance via Getty Images

Mackenzie Bezos says she will give her husband and Amazon CEO Jeff Bezos 75% of her Amazon stock while reliquishing all interests in the Washington Post and space-travel company Blue Origin.

The former Mrs. Bezos will be left with $35.6 billion while Jeff Bezos will retain a $106.7 billion stake in the company. Mackenzie Bezos has also given voting rights to Jeff Bezos, assuring his control over the company.

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Together, the couple owned 78.8 million shares, or about 16% of the company. The stock was flat on the news.

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Mackenzie Bezos says she is going to give Jeff 75% of her Amazon shares

NOW WATCH: The founder and CIO of $12 billion Ariel Investments breaks down how his top-ranked flagship fund has crushed its peers over the past 10 years