Jeff Bezos's divorce settlement terms ease concern over who controls Amazon

Amazon.com Inc Chief Executive Officer Jeff Bezos will retain 75 per cent of his stock in the company following his divorce from MacKenzie Bezos, the couple announced Thursday on Twitter, eliminating any concern that the split would influence his control over one of the world’s most valuable businesses.

Bezos will continue to be the largest shareholder of the e-commerce giant valued at almost $900 billion as well as gain voting control of his former wife’s remaining shares. Bezos will also maintain ownership of the Washington Post and his space exploration company, Blue Origin LLC.

Amazon investors mostly shrugged off news in January