Amazon CEO Jeff Bezos, wife MacKenzie set to divorce
[BENGALURU] Amazon.com chief executive Jeff Bezos and wife MacKenzie Bezos have decided to divorce after a long trial separation, Bezos said on Wednesday in a joint statement by the couple on Twitter.
Amazon.com again became Wall Street's most valuable company this week, surpassing Microsoft. Mr Bezos' fortune has soared to more than US$160 billion, thanks to his stake in Amazon.
From modest beginnings as an online bookseller, Mr Bezos and Amazon branched out into almost every product category available, ending up taking on established retail giants such as Wal-Mart Stores. Mr Bezos founded Amazon in 1994.
Under Mr Bezos, Amazon launched the Kindle e-reader and revolutionised the way books are distributed and read. The company has also been a pioneer in cloud computing.
In November, Amazon picked America's financial and political capitals for massive new offices, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, DC.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think