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Jeff Bezos, World’s Richest Person, Announces Divorce After 25 Years Of Marriage

Jeff and MacKenzie Bezos in Berlin in 2018. GETTY IMAGES

Jeff Bezos and his wife, MacKenzie, will divorce after 25 years of marriage, the couple announced on Wednesday morning. They did not provide a reason for their separation. 

“We have decided to divorce and continue our shared lives as friends,” they said in the statement, which was posted to Jeff Bezos’ Twitter page. “If we had known we would separate after 25 years, we would do it all again.”

Bezos, worth an estimated $136.2 billion, is the richest person in the world. It is not yet clear how the divorce will impact his net worth, or whether it will affect his stake in Amazon, the e-commerce giant he founded in 1994. Bezos, 54, owns roughly 16% of the business, which comprises more than 95% of his fortune. He also owns the Washington Post and rocket company Blue Origin.

The couple lives primarily in Washington State, which requires divorcing spouses to equitably divide “community property,” including all income generated during a marriage. “It seems very likely, if not 100% a certainty, that whatever Jeff Bezos has earned at Amazon has been community income,” says David Starks, a partner at the Seattle-based law firm McKinley Irvin. He added, however, that through a prenuptial or postnuptial agreement, “You can elect to have your assets treated differently, and that’s not uncommon.”

Moreover, "Awarding a spouse their share of a community asset doesn’t necessarily mean actually transferring the asset to them," notes Virginia Onu, an attorney based in Washington. In other words, instead of selling or transferring Amazon shares, Jeff Bezos could offer monetary compensation equivalent to the shares' fair market value.

If MacKenzie Bezos, 48, does indeed receive half of her husband’s assets, she would be worth more than $68 billion, making her the fifth-richest person in the world. Even a 1% payout would constitute one of the largest divorce settlements in history.

The Bezoses, who have four children, both attended Princeton but met after graduation while working at investment firm D.E. Shaw; she was an associate on his team. They married in 1993 and moved to Seattle in 1994, the same year Amazon was founded.

MacKenzie Bezos boasts a successful career in her own right. A creative writing major at Princeton (she served as a research assistant to Toni Morrison), she won the American Book Award for her first novel, The Testing of Luther Albright, published in 2005. She also founded the anti-bullying organization Bystander Revolution.

A representative for Amazon did not immediately respond to a request for comment.

The Honor View 20: World's first punch-hole display phone to hit the market

The phone apart from a punch-hole display, has a 48-mp Sony CMOS sensor, which is a first in smartphones

In 2018, we saw phones trying to go bezel-less with a notch like the iPhone XS, or with a smaller ‘water drop’ notch. Some even tried and went all screen by placing the camera on a motorised roller like the Oppo Find X or Vivo Nex. This year, however, Honor has gone a step further and launched a phone without a notch and minus the motorised slide up camera.

The Honor View20 could probably set the standard for 2019 smartphone launches with its truly bezel-less display. It has a 6.4-inch LCD screen with a hole on the top-left for the front-facing camera.

Though Samsung has already introduced the A8s that has a similar punch-hole display, but Honor View20 will be the first such phone to hit the market. 

Inside the View20's hole is a 25-megapixel selfie camera which is 4.6mm in diameter. Honor says its hole is smaller than what Samsung is offering on the A8s.

The hole, however, isn’t the only thing that Honor did first. It is also the first phone to use Sony’s 48-megapixel CMOS camera sensor. The company states that the 48-megapixel f/1.8 camera can be used in two ways. It can shoot ultra-bright 12-megapixel photos with a process called as the 'pixel binning' - that combines four pixels worth of image into one.

The second way is that it can be used to click photos with a resolution of 6,000 x 8,000 which results to very less amount of data when you zoom or crop a photo. The View20 has a secondary sensor called as the Time-of-Flight (TOF) which is a 3D scanner use for mapping objects in real time.

Other specifications include a 7nm Kirin processor with 8GB RAM, a 4,000 mAh battery and storage options between 128GB and 256GB.

It does carry a headphone jack. The phone has been launched in China starting at CNY 2,999 (~Rs 30,400) for the 6GB RAM + 128GB storage option and goes up to CNY 3,499 (~ Rs 35,500) for the 8GB RAM + 128GB storage option.

The phone will be launched in India on January 29.