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Opening Bell 1.10.19

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Mr. Steal Your Girl [The Water Coolest]

Jeff Bezos and his wife MacKenzie went all "this ain't it."

On Wednesday the couple announced their divorce after 25 years of fighting the good fight via a tweet that appears to have been written on a typewriter and scanned into Jeff's computer. Jeffrey Commerce, the world's richest person with a net worth of around $137B, said that he and his ex will "remain friends." Right.

Should the court divide the consciously uncoupled pair's haul evenly, MacKenzie stands to leave with $68.5B. That would make Jeff's better half the world's richest woman. MacKenzie Bezos, a Princeton grad and bookkeeper for Amazon in its early days, met Jeff at an NYC hedge fund in the early '90's.

What does this mean for the rest of us? 

While Jeff remains atop the Amazon throne much of his net worth is tied up in AMZN shares, thus the company may need to restructure to ensure that Bezos retains his voting power following the split.

Of course, MacKenzie could waive her voting rights or give up her claim to the shares entirely, which means there will undoubtedly be some "shut your mouth when you're talking to me" in Jeff's future. The company closed up 0.2% on Wednesday, and analysts don't believe that the divorce will have much of an effect on Bezos' ability to run the company or Amazon's stock price.

Jeff and MacKenzie Bezos are getting divorced after 25 years of marriage [CNN]


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