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The divorce cost of the world's richest man: the breakup fee is 465.2 billion?

January 11, 2019 09:01
Author: big cousin
source: Eastern Fortune Network

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Summary
[The divorce cost of the world's richest man: the breakup fee is 465.2 billion? A few days ago, the world's richest man, Amazon founder Jeff Bezos announced that he would divorce his wife. As the richest man in the history of the world, Bezos’s divorce decision immediately set off a hot debate around the world. (Oriental Fortune Network)

A few days ago, the world's richest man, Amazon founder Jeff Bezos announced that he would divorce his wife. As the richest man in the history of the world, Bezos’s divorce decision immediately set off a hot debate around the world.

  $68.5 million in breakup fees? Bezos divorced or the most expensive divorce case in history

According to foreign media reports, Bezos announced on a personal tweet on January 9 that he decided to divorce his wife, MacKenzie Bezos. Bezos is 54 years old, his wife, Mackenzie, is 48 years old, and their marriage lasted for 25 years.

According to the Washington State law in which the Bezos live, any wealth that the Bezos earned during their marriage can be divided equally between the two, unless otherwise specified in the prenuptial agreement. It is unclear whether the couple have such an agreement. Since Amazon was founded only a year after they got married, Mackenzie was entitled to half of Bezos' wealth.

According to the Forbes real-time rich list, Bezos’ personal wealth is currently $1,71 billion, which means that his wife, Mackenzie, can get a break-up fee of $68.5 billion (about 465.2 billion yuan), if that’s the case. That would be the most expensive divorce case in human history.

David Starks, a divorce lawyer in Seattle, said that fair splitting does not always mean that property will be divided equally. In some typical cases, the courts use a balanced asset approach in order for the spouses to achieve a balanced basis for the long-term future.

For example, if a party has greater income potential, the person may get relatively less assets because they are more likely to support themselves for a long time. But in the case of Bezos, “When you are already a billionaire, the court seems unlikely to take the time to calculate who will be richer in 10 years.”

So what is the concept of McKenzie’s $68.5 million break-up fee? According to the Forbes real-time rich list, the current personal value of more than 68.5 billion US dollars, only Microsoft founder Bill Gates, stocks Warren Buffett and luxury brand LV founder Bernard Arnault. In other words, after being divorced from Bezos, Mackenzie may become the fourth richest person in the world.

A recent comparison, according to the Forbes real-time rich list, China's richest man Ma Huateng's current personal wealth is 36.7 billion US dollars, that is to say, after the divorce, McKenzie is worth nearly twice as much as Ma Huateng.

  How does divorce affect Bezos’ control of Amazon?

Of course, for Bezos and his Amazon, the decision to divorce may have a short-term negative impact. In addition to personal wealth may shrink to about 70 billion US dollars, Amazon'sshareholderThere is also concern about whether Bezos’ divorce will affect his control of the company.

After the news of the divorce was announced, Amazon's share price fell slightly after the 9th. Bezos is the founder of Amazon and is still the company's largest shareholder, holding approximately 16.3% of the shares.

In response to this, some experts said in an interview with foreign media that there are still no reference cases. In the past, there was no such divorced company founder divorced from the spouse who has been with him since the company was founded.

The only person who can think of is the media tycoon Murdoch. His second wife, Anna, has lived with Murdoch for more than 30 years. Murdoch had established his own media empire before the divorce in 1999. However, according to media reports, the two signed a divorce agreement.

Jordan Neyland, assistant professor of law at George Mason University, said that in this case, it is difficult for Bezos to split his property with his wife without moving the Amazon stake.

He pointed out that most of the cases of corporate CEO divorce occurred before they became the founders of a company, so they had accumulated wealth before marriage. For Bezos, he is the founder of the company and the situation is different.

Neyland said that in general, the CEO can avoid splitting shares, such as real estate and other property, by leaving other property to the spouse, but Bezos put all his wealth into Amazon. "In this case, I don't. Knowing how to look at such a huge property. I suspect that his spouse can get a certain amount of shares in Amazon, so this will change the actual control of Amazon."

This means that Amazon needs to find a new shareholding structure to ensure that Bezos still has enough voting rights. “There will be new legal content here, I don’t know if there have been precedents before,” Neyland said.

As of January 9, US stocks closed, Amazon shares rose 0.17% to $1659.42, with a market capitalization of $111.4 billion, ranking first in the world. In September 2018, Amazon’s market capitalization exceeded $1 trillion.

(The picture shows: Amazon's market value has changed since its listing in 1997)

  For her to abandon her wife for 25 years

According to Page Six, 54-year-old Bezos is afflicted with 49-year-old Sanchez. On the same day, the billionaire announced the divorce news. The next day, an 11-page article was published in National Enquirer, which exposed the relationship between Bezos and Sanchez. Both National Enquirer and Page Six believe that Bezos’s announcement of the time of divorce is related to his reports of extramarital affairs.

Sanchez is married to Hollywood gold medalist Patrick Whitesell and has three children. National Enquirer unveiled the relationship between Bezos and Sanchez, claiming that Amazon’s founder “sently sent his mistress to an exotic destination on a $65 million private jet, sending her vulgar information and pornographic selfies— - Includes a photo that is not suitable for posting here."

  Some facts about Sanchez:

1) Page Six's heavy news says that Bezos and Sanchez first met through her husband, White Searle, who served as Hugh Jackman, Ben Affleck and Matt. Matt Damon's agent. Page Six reported that Sanchez and Whitesell separated at the end of 2018. As of press time, Sanchez's Instagram page has been set as a private message. Her personal website has been inactive since 2014. Page Six's article argues that the separation of Whitesell and Sanchez is a "trial." This article stated that their marriage "has been intermittent for some time." Whitesel and Sanchez got married in 2005 and gave birth to two children, Evan and Eleanor.

National Enquirer said in the report that they have taken multiple photos of the couple in the past four months. National Enquirer said that for some time, the couple met six times in 14 days, including a hotel in Boston. Bezos lived with his family for the night.

2) Sanchez is a qualified helicopter pilot who often drives helicopters in movies. Hollywood Reporter published a special report on Sanchez in November 2017. That article mentioned that Sanchez had served as an aviation consultant for Christopher Nolan's Oscar-winning film Dunkerque. In her Instagram album, Sanchez claims to be a member of the production team at Black Ops Aviation. Sanchez called the company the first female-owned aviation film and production company. Sanchez told Hollywood Reporter, "Helicopters don't have any size restrictions. You can be 5 feet or 1 foot or 6 feet 4 feet. There is no reason not to let more women get involved."

Sanchez told Hollywood Reporter that she grew up around the plane because her father, Ray, was a flight instructor and mechanic. Sanchez mentioned in her article that her husband did not like to take a helicopter with her.

3) Although Sanchez is known for his helicopter activities, he will occasionally participate in hosting events, especially at the Fox Los Angeles branch. Sanchez graduated from El Camino College in California and the University of Southern California. He was originally an entertainment journalist for Fox 11, and later hosted the channel's morning show, Good Day LA. According to her IMDb page, Sanchez has also served as a moderator on Fox's multi-program, including "Think You Can Dance", "Extra" and "Best Damn Sports Show Period".

Sanchez grew up in the Albuquerque, a third-generation Mexican-American. She began to appear in the internship on Channel 13 in Los Angeles.

  A review of the marriage between Bezos and Mackenzie

Regardless of how Bezos and his wife, Mackenzie, will eventually split the property, it is certain that the two have been simply textbook-like models.

According to public information, Bezos graduated from Princeton University in 1986 and refused the invitation of Intel and Bell Labs to join a startup high-tech company called Fitel.

In 1988, Bezos moved to a New York banker trust company to manage a computer system worth $250 billion in assets. At the age of 25, he became the youngest vice president of the bank trust company.

From 1990 to 1995, Bezos and others built the world's most advanced and successful hedgingFund tradingThe management company, at the age of 28, became the company's youngest senior vice president.

That is, at that time, he met a high-level English major at Princeton University and he was also in his own hedge.fund companyAs a research assistant, Mackenzie. Bezos once said that before he met Mackenzie, he had experienced many blind dates and had not touched his heart. He was at first sight for Mackenzie because she was "talent, intelligent and sexy."

And this appreciation is obviously mutual. In an interview with Vogue magazine in 2013, Mackenzie said, “My office is next door to him. I listened to his wonderful laughter all day. How can you not fall in love with that laughter? ”

McKenzie then launched an offensive and invited Bezos to have lunch together. After three months, they got engaged, and then they got married in three months.

After the marriage, Bezos resigned from Wall Street with the support of his wife and the family moved to Seattle. In 1995, he gambled on all his family and founded Amazon. His wife, Mackenzie, was an accountant at Amazon at the time and one of the earliest employees at Amazon.

As everyone knows, Amazon has become the world's most valuable company. After assisting her husband's career on the right track, Mackenzie became a professional novelist while reviving his literary dreams while he was born with a baby, and Bezos has always been a loyal reader of Mackenzie.

Just eight months ago, Bezos was still showing love in public. On April 24, 2018, Bezos recalled the entrepreneurial process in a lecture held in Berlin. "My wife is a genius novelist, Nobel's winner is her teacher..." gave the audience a meal. Dog food.

Now, the two suddenly announced a divorce, which is a bit surprising. . . . . .

                (Editor: DF120)

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