Mackenzie Bezos says she will give ex-husband and Amazon CEO Jeff Bezos 75% of their Amazon stock while reliquishing all interests in the Washington Post and space-travel company Blue Origin, she said in a Thursday tweet.
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 has also given voting rights to Jeff, assuring his control over the company.
Together, the couple owned 78.8 million shares, or about 16% of the company. The stock was flat on the news.
This story is developing. Check back for details….
Join the conversation about this story »
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