COVID-19 Update: We are working remotely and available to help our clients. Learn more
Thursday August 8, 2019

Happily Ever After: The Marital Breakdown of Amazon Power Couple, Jeff and MacKenzie Bezos

Posted in: Family Law

Jeff Bezos, CEO of Amazon, and his wife MacKenzie made headlines in January 2019 when they jointly tweeted their plans to initiate divorce proceedings after 25 years of marriage. The internet erupted again a few months later, when Ms. Bezos tweeted out her gratitude at finalizing the divorce, and eagerness for the next phase of their relationship – “as co-parents and friends”.  On the financial front, Mr. Bezos will retain 75% of the couple’s Amazon stock, and all shares in the Washington Post and Blue Origin, a space exploration enterprise. Mr. Bezos will also retain voting control over Ms. Bezos’s Amazon shares – which, representing a 4% stake in the company, are worth approximately US$35 billion.

Very few couples undergoing a separation are faced with divvying billions of dollars of assets. However, like the Bezoses, separating spouses frequently have shared business interests, which can complicate the division of marital property. Advance planning can clarify each spouse’s rights and obligations to a business and promote more amicable and predictable relations in the event of a separation. Spouses can proactively protect themselves and their businesses with shareholders agreements and marriage contracts, with the help of family law and business law professionals. Well-drafted agreements can result in significant cost savings down the line, and offer a sense of security for spouses and business stakeholders.

Lawyers at BOYNECLARKE LLP can help you navigate the legal issues of separation. If you are seeking legal advice, please call 902-469-9500 to schedule your free 30-minute consultation with a member of our Family Law team.

Share This Post:

Ask a question about this post.

Any Questions

Recent Blog Posts

Blog Post | Thursday June 25, 2020

Saskatchewan Bill 205 – Changes for Surrogates and Intended Parents

Authored by: Terrance G. Sheppard Authored by: Kelsey J. Webb Posted in: Family Law

Bill 205 passed royal assent on March 16th. Although the Act is not yet in force, the changes led to some much-needed updates to Saskatchewan’s Children’s Law Act and fertility law.

Read full article
Blog Post | Monday June 22, 2020

What is the award for your pain and suffering from a vehicle collision?

Authored by: Shafic A. Khouri Authored by: David S.R. Parker Posted in: Personal Injury

If you suffered minor injuries from a motor vehicle collision, Nova Scotia law sets a limit for the amount you can be awarded for your pain and suffering. This limit depends on the year in which the collision happened.

Read full article
Blog Post | Wednesday June 10, 2020

PPSA Security Registration Update

Authored by: Joshua J. Santimaw Posted in: Business Litigation

The Nova Scotia Registrar in Bankruptcy issued the decision Rizzato (Re), 2020 NSSC 63, on April 24, 2020.

Read full article
Blog Post | Monday June 8, 2020

Hurt? We can help. Request a free personal injury consultation

Authored by: David S.R. Parker Authored by: Shafic A. Khouri Posted in: Personal Injury

Recovering from an injury is by itself difficult enough. But in the aftermath of an injury, you may also need to deal with multiple other personal issues caused by your injuries.

Read full article