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Jeff Bezos' Divorce Settlement Contains the Financial Understatement of the Century

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By Daniel Goldblatt

A judge has officially signed off on Amazon founder Jeff Bezos' divorce from wife Mackenzie — paving the way for her to receive $38 billion in Amazon stock – and while the docs do not reveal all the details of their split, they do contain one laughable bit of financial information.

Jeff and Mackenize filed their divorce petition in April and noted that a separation contract had already been worked out. They both indicated they wanted their property divvied up according to their agreement.

There was no spousal support awarded and child support was agreed upon but not revealed.

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Despite the agreement, the couple was obligated to file a Child Support Order with the court, which contains information about their respective incomes.

The couple stated each of their incomes exceeds $12,000 per month — the maximum income Washington state uses in their automatic formula for child support — which adds up to $144,000 a year.

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Technically speaking, Bezos' salary is only $81,840 a year. According to Quartz, Bezos' net worth increased by $82.6 billion from October 2017 to October 2018, which translates to $19 million an hour.

Amazon announced last year they were increasing the minimum wage for all of its U.S. workers to $15 an hour, which would mean a minimum wage employee's yearly income would equal what Bezos makes every 11.5 seconds.

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Jeff and Mackenzie announced their split in January after 25 years of marriage.

"We want to make people aware of a development in our lives," Bezos tweeted at the time. "As our family and close friends know, after a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends."

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They had been separated for a while but made the split official just before stories surfaced of the billionaire's relationship with former news anchor, Lauren Sanchez.

Mackenize joined Twitter in April and announced she had settled her divorce with Jeff.

In her first tweet, she said, "Grateful to have finished the process of dissolving my marriage with Jeff with support from each other and everyone who reached out to us in kindness, and looking forward to next phase as co-parents and friends."

MacKenzie said she's "happy" to be giving her ex-husband all her interests in the Washington Post and Blue Origin ... but will be keeping 25% of the Amazon stock the couple shared, which is worth $36 billion.

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