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International Business Times UK

Business

Niloy Chakrabarti

Jeff Bezos Ex-Wife Trims Amazon Stake by 42% Worth $12.5B; Still Richer Than When She Inherited Them in 2019

Jeff Bezos Amazon MacKenzie Scott Lauren Sanchez Divorce

The couple divorced in 2019. (Credit: Heute.at)

MacKenzie Scott offloaded 42% of her Amazon (Nasdaq:AMZN) holdings, or 58 million shares, over the past year, worth about $12.5 billion (£9.3 billion), considering a stock price of $216.39 (£162.05) on 14th October. The latest figures mark Scott's largest share reduction since her divorce from Amazon founder Jeff Bezos in 2019.

A regulatory filing with the US Securities and Exchange Commission showed that Scott held 81.1 million Amazon shares as of 30th September, down from 139.1 million shares a year earlier. However, Bezos exercises sole voting authority over Scott's current Amazon stock holdings.

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