Bezos’ divorce leaves the future of Amazon in question


DAVID: JEFF BEZOS’ DIVORCE COULD END UP MAKING HIS WIFE MCKENZIE ONE OF AMAZON’S BIGGEST SHAREHOLDERS SO WITH THAT KIND OF POWER, WHAT AFFECT COULD IT HAVE ON THE E-COMMERCE GIANT AND SHAREHOLDERS? HILLARY VAUGHN HAS BEEN LOOKING INTO ALL OF THIS FOR US WHAT CAN YOU TELL US?>> DAVID, WELL SOME ANALYSTS I TALKED TO THINK INVESTOR CONCERNS SHOULD BE EXTREMELY SHORT-TERM SURROUNDING THIS DIVORCE, AT MOST THEY THINK THIS IS PROBABLY A PR DISTRACTION BUT NOT ANYTHING THAT WILL ULTIMATELY IMPACT THE COMPANY OTHERS THOUGH DISAGREEING SAYING THE FUTURE OF AMAZON IS UNCERTAIN, EITHER WAY THERE’S A LOT UP IN THE AIR BECAUSE TMZ IS REPORTING THAT BUSINESS OS DID NOT HAVE A PRE-NUP, AND THE COUPLE WILL FILE FOR DIVORCE IN WASHINGTON STATE AND ASSETS ARE SPLIT UP 50/50 SO IT’S NOT JUST HIS PERSONAL WEALTH THAT’S AT STAKE HERE CONTROL OF HIS COMPANY AMAZON COULD BE TOO. RIGHT NOW, JEFF BEZOS IS WORTH $137 BILLION AND OWNS OVER 16% OF AMAZON. MCKENZIE COULD BE ENTITLED TO OVER $66 BILLION IN A PAYOUT, AND IF SHE GOES THAT ROUTE, JEFF BEZOS COULD HAVE TO SELL OR TRANSFER SHARES DILUTING SOME OF HIS OWNERSHIP OF THE COMPANY, BUT LEGAL EXPERTS SAY THAT THAT’S NOT LIKELY TO HAPPEN.>> I THINK THERE’S GOING TO BE VERY LITTLE IMPACT ON AMAZON STOCK. WHAT’S BASICALLY GOING TO HAPPEN IS THEY’RE GOING TO TRANSFER AS MANY SHARES OF STOCK AS THEY CAN , THAT WILL STILL PUT JEFF BEZOS IN A POSITION HE WILL BE ABLE TO MAINTAIN CONTROL SO THERE WILL BE PROBABLY MAYBE STOCK THAT’S TRANSFERRED TO HIS WIFE, BUT IT WILL BE PROBABLY NON-VOTING SHARES SO THEREFORE HE MAINTAINS ALL CONTROL.>> HE ALSO OWNS THE WASHINGTON POST, ALSO THE SPACE COMPANY BLUE ORIGIN AND HAS SIGNIFICANT HOLDINGS IN OTHER COMPANIES LIKE AIRBNB, TWITTER, UBER, NEXT DOOR AND A HANDFUL OF OTHERS SO THIS DIVORCE EITHER WAY NO MATTER WHO GETS WHAT AND HOW IT’S DIVIDED UP WILL STILL GO DOWN AS THE MOST EXPENSIVE TO DATE IN HISTORY. DAVID? DAVID: PANEL?>> I THINK IT’S ACTUALLY PRETTY INTERESTING THAT ONE OF THE POINTS THAT WASN’T BROUGHT UP IS ACTUALLY THE DISTRACTION IT COULD COST JEFF BEZOS, LIKE AS A SHAREHOLDER, I WOULD WANT TO KNOW THAT IT GETS DONE SWIFTLY AND QUICKLY. I DON’T WANT AN OVERHANG, I WANT HIM FOCUSED ON TAKING ON ALL OF THE OTHER TECHNOLOGY GIANTS, ESPECIALLY WINNING MARKET SHARE IN THE ADVERTISING SPACE. IF HE’S OFF HIS GAME IF HE’S DISTRACTED BY DIVORCE RUMORS OR HE’S OUT TRYING TO FIGURE OUT HOW TO TAKE CARE OF THIS SITUATION AS OPPOSED TO THE BUSINESS, THAT’S MY BIGGEST CONCERN.>> TO YOUR POINT I DON’T THINK HE’S GOING TO GET DISTRACTED BECAUSE WE DON’T HEAR ABOUT HIM TOO MUCH IN THE NEWS ESPECIALLY IF THE NATIONAL INQUIRER IS RIGHT ABOUT THE LATEST SCANDAL INVOLVING HIM. TO POINT OUT WE ARE GOSSIPPING RIGHT NOW ABOUT A VERY WEALTHY MAN BUT THIS DIVORCE SETTLEMENT LIKE HILLARY MENTIONED COULD BE THE BIGGEST SETTLEMENT EVER, IF WE’RE GOING THROUGH THE TOP 10 LIST I WAS JUST LOOKING AT SOME OF THE WEALTHY INDIVIDUALS AND THEIR DIVORCE YOU GOT RUPERT MURDOCH $1.7 BILLION SETTLING AND MEL GIBSON IS THE TOP 10, THEY SETTLED FOR 425 MILLION WHICH I KNOW MAYBE THIS PANEL DISAGREES HE’S WORTH THAT MUCH BUT HIS EX-WIFE GETS RESIDUALS ON ALL OF HIS FUTURE FILMS.>> HILLARY I’VE GOT TO ASK YOU JEFF BEZOS IS KNOWN AS A BRILLIANT GUY AND WHEN I HEARD NO PRE-NUP, I WAS JUST STUNNED. I MEAN, WERE YOU IN THE NEWS AND THE LEGAL COMMUNITY IS KIND OF SHOCKED ABOUT THIS AS A MAN TO HAVE NO MARITAL PREPARATION PLANNING FOR THIS SORT OF TURN OF EVENTS, WAS THERE A SURPRISE THERE?>> THERE IS A SURPRISE AND I ASK ONE OF THE ANALYSTS ABOUT THAT IF THAT WAS CONCERNING TO THEM OR THEY SAW THAT AS KIND OF BEING POORLY PREPARED TO BE ULTIMATELY IN CHARGE OF A BILLION DOLLAR COMPANY LIKE AMAZON AND THEY SAID THEY AREN’T TOO PHASED BY IT BUT ONE THING TO NOTE ABOUT THAT RELATIONSHIP IS THEY ACTUALLY GOT MARRIED YEARS BEFORE AMAZON WAS EVEN STARTED AND THEN BECAME WHAT IT WAS TODAY, SO THE ARGUMENT COULD BE MADE THERE WAS NO WAY THAT HE KNEW THAT HE WOULD ONE DAY BE IN CHARGE OF AMAZON AS WHAT IT’S KNOWN TODAY.>> JUST TO MOVE IT AWAY FROM FOR INQUIRING MINDS I THINK REALLY WHAT THE STREET IS GOING TO BE CONCERNED ABOUT IS IS HE GOING TO HAVE TO GIVE UP VOTING SHARES, OR IS THERE A DIFFERENT CLASS OF SHARES THAT HE CAN GIVE TO HIS WIFE OF THE SAME VALUE, SO HE STILL CONTROLS THE VOTE OF THE COMPANY.>> WE DON’T KNOW, RIGHT?>> WE DON’T KNOW, AND BECAUSE WE DON’T KNOW ACTUALLY, WHAT THE LEGAL RAMIFICATIONS ARE THAT HE HAS TO GIVE AND THIS IS ONLY 24 HOURS OLD. DAVID: I THINK THE STREET HAS ANOTHER CONCERN WHICH IS WHAT HAPPENS IF SHE SELLS IT ALL OR AT LEAST A LARGE PART OF IT THAT WILL DILUTE THE SHARE PRICE. WE DON’T KNOW HILLARY ANYTHING ABOUT HER PLANS YET DO WE?>> NO WORD ON THAT AT ALL, ACTUALLY. WE DO KNOW THEY’RE FILING IN WASHINGTON STATE, BUT HOW THE COURT DECIDES TO DIVIDE THAT UP AND THERE ARE ALSO CHILDREN INVOLVED TOO SO THERE’S A LOT OF DETAILS THAT NEED TO BE WORKED OUT AND THAT’S PROBABLY GOING TO BE SOMETHING WE FIND OUT MUCH LATER.>> LET’S NOT OVERLOOK THE DETAIL THAT ACTUALLY JEFF BEZOS AND HIS WIFE SAID THIS WAS GOING TO BE AMICABLE AND THEY LOOK FORWARD TO RAISING THEIR KIDS TOGETHER AND EVERYTHING IS GOING TO BE GREAT SO THEY HAVE SIGNALED THAT TO THE MARKETPLACE BUT JEFF BEZOS ORIGINALLY WANTED TO NAME THE COMPANY RELENTLESS. IF YOU GO TO RELENTLESS.COM IT FORWARDS TO AMAZON.COM AND THAT SHOWS YOU THE TYPE OF GUY HE IS. HE’S GOING TO BE RELENTLESS IN NOT GIVING UP CONTROL OF THIS COMPANY. YOU CAN BANK ON THAT.>> HE ALSO SAID HE WOULD REMARRY HER AGAIN, KNOWING THAT THEY DIVORCED 25 YEARS LATER SO I DO AGREE SHE’S NOT GETTING RID OF HER SHARES ANY TIME SOON AND THIS WILL JUST WRAP UP QUICKLY BUT IT’S A NICE LITTLE BIT OF GOSSIP FOR THE BUSINESS WORLD I GUESS. DAVID: ITS BEEN GOSSIP. IT’S A LOT OF MONEY AND AGAIN I JUST WONDER WHAT COULD POSSIBLE JONATHAN WOULD YOU BUY THE STOCK , WOULD THIS BE A CONSIDERATION INTO WHETHER YOU’D BUY THE STOCK?>> I THINK DAVID THAT’S WHAT MAKES IT SO INTERESTING IS IT COMES AT A TIME IN WHICH ITS PUT UP OR SHUT UP FOR A LOT OF THESE STOCKS. THESE WERE REALLY THE POWERFUL STOCKS OF THE LAST FOUR AND FIVE YEARS IN THE ECONOMY. THEY WERE THE FACEBOOK, THE AMAZON THAT REALLY HAVE BEEN POWERING THE MARKET FORWARD SO THEY GOT HIT ESPECIALLY IN THE FOURTH QUARTER OF 2018 SO I THINK THIS ADDS THAT THE PANEL’S POINTED OUT THIS IS A LIQUID MARKET BUT IT ADDS ANOTHER TWIST , ELEMENT I THINK WHEN MAKING A DECISION THAT DO YOU WANT TO BUY WHAT’S BEEN A PRETTY SIGNIFICANT DIP.

Michael Martin

45 Responses

  1. Goes to show the broken system of marriage can kill a WHOLE COMPANY
    because the pussy is ENTITELD to half of your money , because VAGINA

  2. Won’t change a thing re: stick performance. Too much money, leading to divorce. Sad.

    Hey, Jacqueline, how about a new hair style?

  3. I had less than a million and my divorce royally fucked me and it did shut down my business…. Amazon will be fine and so will the richest man in the world.

  4. she did support him and helped him build it and he did have an affair on her so she is entiled to half but this is the only time i would say this lol dont care anyway

  5. It's unbelievable that his wife can claim billions of dollars just for being his wife. I bet he will sign a prenup if he ever gets remarried.

  6. Go for it hun. Screw him brutally as he has screw his works and the World with the lies he spews out every day via his new paper.

  7. Not a fan of Bezos, but that’s WAY too much money for a divorce! What did she do exactly to get all those billions? Lmao

  8. Yeah, they left as friends, were told. She got a great payday for being a wife. I’ll just bet she’s not crying. She’s got enough cash to fill those dimples.

  9. I'm sure he wasn't going to be the richest without her, I heard she started the idea of amazon… So basically he's giving her, her money..

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