Bezos' Net Worth Cut In Half: Amazon CEO Announces He Is Getting A Divorce

January 09, 2019, 02:36 PM

Meh. I could not care less what happens to him, or his wife. I suspect Amazon will continue to run no matter what. (Not that that is particularly important to me, either.)

flashguy

January 09, 2019, 02:40 PM

quote:
Originally posted by 1967Goat:
Why is divorce so expensive:
Because it's worth it!

Not here. In this case it would probably be better to stay separated but married. The marriage predates Amazon and he had serious cash prior to that. Family court will screw him and the instability is not good for AMZN shareholders because the big question is whether she holds onto her shares or liquidates.

January 09, 2019, 02:51 PM

RogueJSK

Why would she liquidate? If she holds onto her shares, she can continue to boss her ex-husband around as a major shareholder. What divorced woman wouldn't want that?

January 09, 2019, 02:51 PM

Woodman

quote:
Originally posted by TigerDore: ... adds injectable substances into his body and transforms physically

See pics of her 20 years ago? He's not the only one to medically alter his appearance.

We're missing the big picture here. What if she just wants the impish nerd back? Minivan, mac'n'cheese for dinner, quiet night on the couch watching PBS nature shows?

January 09, 2019, 03:02 PM

TigerDore

quote:
Originally posted by Woodman:
quote:
Originally posted by TigerDore: ... adds injectable substances into his body and transforms physically

See pics of her 20 years ago? He's not the only one to medically alter his appearance.

We're missing the big picture here. What if she just wants the impish nerd back? Minivan, mac'n'cheese for dinner, quiet night on the couch watching PBS nature shows?

I think you make a great observation. If one wants to go back to humble roots, it is probably the wife. I have not seen old pictures of her, and I don't know their minds, but based on the odds, I would guess that her transformation was done to please him, while his transformation was done to please... him.

.

January 09, 2019, 03:04 PM

slosig

quote:
Originally posted by kz1000:
New wife will arrive in 2 days.

Nah, it will take the lawyers long than that to hash out the prenup. He may or may not have had one for the last marriage, but he absolutely will for the next.

January 09, 2019, 03:05 PM

quote:
Originally posted by RogueJSK:
Why would she liquidate? If she holds onto her shares, she can continue to boss her ex-husband around as a major shareholder. What divorced woman wouldn't want that?

You have very valid point but major shareholders are reporting a concern. She’s not poor and she has no reason to liquidate or even do a partial sell-off.

January 09, 2019, 03:10 PM

kz1000

quote:
Originally posted by slosig:
quote:
Originally posted by kz1000:
New wife will arrive in 2 days.

Nah, it will take the lawyers long than that to hash out the prenup. He may or may not have had one for the last marriage, but he absolutely will for the next.

------------------------------------------------------------------------
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-Bomber Harris

January 09, 2019, 03:22 PM

StarTraveler

kz1000, you think someone might not have Prime?

January 09, 2019, 03:36 PM

BBMW

They've been married 25 years. Amazon has been around for 24. I don't know what this says about them having a prenup. She has been there for the whole ride.

Edit: He was a hedge funder before he married her. So he likely had assets to protect at that point. A prenup now seems likely.

January 09, 2019, 03:46 PM

Balzé Halzé

This talk about a prenuptial seems moot. They were married well before they became billionaires. Or at least multi-billionaires many times over. I don't believe a prenup can stipulate assets that may or may not be ascertained in the future.

And honestly, any prenup that did say something like that would likely be thrown out by a judge in any case.

January 09, 2019, 03:52 PM

BBMW

What makes you say this? There are certain conditions under which a prenup can be voided. Being forced to sign it under duress is a biggie. And being completely one sided can be an issue. But generally they can generally stipulate whatever the two sides agree to.

For instance, if the language gave the wife 20% of community assets up to a random limit, let's say $10,000,000, would likely be completely valid. Especially if he wasn't a billionaire at the time it was signed.

quote:
Originally posted by Balzé Halzé:
This talk about a prenuptial seems moot. They were married well before they became billionaires. Or at least multi-billionaires many times over. I don't believe a prenup can stipulate assets that may or may not be ascertained in the future.

And honestly, any prenup that did say something like that would likely be thrown out by a judge in any case.

January 09, 2019, 04:06 PM

LDD

quote:
Originally posted by BBMW:
They've been married 25 years. Amazon has been around for 24. I don't know what this says about them having a prenup. She has been there for the whole ride.

Edit: He was a hedge funder before he married her. So he likely had assets to protect at that point. A prenup now seems likely.

I was going to say exactly that.

They weren't Amazon-rich when they married, but they did meet as employees of a hedge fund in the 90s, so 1) at least one of them likely had assets worth protecting with a prenup; 2) they're not financial dummies.

January 09, 2019, 04:26 PM

BBMW

If they made a deal, we'll likely never know the terms, although there may be some hint is the SEC filings for Amazon.

January 09, 2019, 04:26 PM

Rey HRH

quote:
Originally posted by ersatzknarf:
quote:
Originally posted by kz1000:
New wife will arrive in 2 days.

LOL!

Talk about Prime

Okay, that's funny! I didn't catch it the first time around.

"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.

January 09, 2019, 04:29 PM

BBMW

There won't be a new wife until six month after the prenup is signed.

quote:
Originally posted by kz1000:
New wife will arrive in 2 days.

January 09, 2019, 04:42 PM

Balzé Halzé

quote:
Originally posted by BBMW:
What makes you say this? There are certain conditions under which a prenup can be voided. Being forced to sign it under duress is a biggie. And being completely one sided can be an issue. But generally they can generally stipulate whatever the two sides agree to.

For instance, if the language gave the wife 20% of community assets up to a random limit, let's say $10,000,000, would likely be completely valid. Especially if he wasn't a billionaire at the time it was signed.

quote:
Originally posted by Balzé Halzé:
This talk about a prenuptial seems moot. They were married well before they became billionaires. Or at least multi-billionaires many times over. I don't believe a prenup can stipulate assets that may or may not be ascertained in the future.

And honestly, any prenup that did say something like that would likely be thrown out by a judge in any case.

Ha, yeah right. $10 million out of a over $100 billion fortune. Any decent lawyer would have that torn up in a second for being "unreasonable."

January 09, 2019, 04:48 PM

BBMW

Wasn't unreasonable when it was signed. They both agreed to it in good faith.

Here's a link to a list of reasons a prenup might get thrown out. Change of financial status isn't one of them.

https://family.findlaw.com/mar...-may-be-invalid.html

quote:
Originally posted by Balzé Halzé:
quote:
Originally posted by BBMW:
What makes you say this? There are certain conditions under which a prenup can be voided. Being forced to sign it under duress is a biggie. And being completely one sided can be an issue. But generally they can generally stipulate whatever the two sides agree to.

For instance, if the language gave the wife 20% of community assets up to a random limit, let's say $10,000,000, would likely be completely valid. Especially if he wasn't a billionaire at the time it was signed.

quote:
Originally posted by Balzé Halzé:
This talk about a prenuptial seems moot. They were married well before they became billionaires. Or at least multi-billionaires many times over. I don't believe a prenup can stipulate assets that may or may not be ascertained in the future.

And honestly, any prenup that did say something like that would likely be thrown out by a judge in any case.

Ha, yeah right. $10 million out of a over $100 billion fortune. Any decent lawyer would have that torn up in a second for being "unreasonable."

January 09, 2019, 05:16 PM

DMF

quote:
Originally posted by chellim1:
Since Washington is a "community property" state, half of all assets accrued in the marriage would go to her.

Well the author of this article is fond of making assumptions, not just about the prenup, but also that the divorce would be done in Washington State.

I made sure to specify "State," because Bezos also has a home in the District of Columbia, aka Washington DC. As far as I know DC is not a "community property" jurisdiction, but is an "equitable distribution" jurisdiction.

I am not aware of anything to require either party to file for divorce in Washington State, rather than DC.

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