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Benzinga
Benzinga
Business
Chris Katje

Rivian CEO Joins Bezos & Gates Divorce Club—Voting Power Slashed Before R2 Debut

Rivian RJ Scaringe Divorce Melinda French Gates Amazon RIVN Bill Gates Jeff Bezos MacKenzie Scott electric vehicle
Rivian

Rivian Automotive (NASDAQ:RIVN) ownership looks different going forward as the company's founder RJ Scaringe had to transfer part of his stake in the electric vehicle company as part of a divorce settlement.

What Happened: Ahead of the highly anticipated launch of the R2 vehicle for Rivian, the company's CEO has transferred around four million shares and six million options in the company's stock to his ex-wife Meagan Scaringe.

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