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Jeff Bezos, Amazon boss and world's richest man, to divorce after 25 years of marriage

Jeff Bezos, Amazon boss and world's richest man, to divorce after 25 years of marriageAmazon founder Jeff Bezos and his wife MacKenzie Bezos are divorcing after 25 years of marriage, the couple announced in a joint statement on Twitter. Mr and Mrs Bezos first met while working together at a New York hedge fund in the early 1990s and have been together since as Amazon's valuation briefly swelled beyond $ 1 trillion last year, raising the prospect that a settlement could make her the world's richest woman. With a personal stake in Amazon estimated to be worth $ 160bn (£125bn), Mr Bezos, 54, is the world’s wealthiest man. Although the separation is amicable, their separation is likely to prove to be a highly lucrative one for an army of lawyers and advisers. The couple married in 1993, one year before Mr Bezos started Amazon from his garage in Seattle. As well as his shareholding in Amazon, Bezos owns a string of other investments as well as homes in Seattle, Washington DC, Beverly Hills, New York and a Gulfstream jet. Their divorce settlement is likely to be the most expensive in history and may reshape the global wealth rankings.  If the pair file for divorce in Washington, the state where the pair were married and Amazon is headquartered, half of Mr Bezos' wealth could go to his wife under the state's community property law unless there is a pre-nuptial agreement in place. If the couple split their fortune equally, it could leave Mrs Bezos with around $ 69 billion. It could also reinstate Microsoft co-founder Bill Gates as the world’s richest person. “After a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends,” Mr Bezos wrote in a post on Twitter. In an interview with Wired in 1999, Mr Bezos described his search for his ideal mate. Calling himself a "professional dater", he devised a system to filter potential partners.  "The number-one criterion was that I wanted a woman who could get me out of a Third World prison", he told the website. "What I really wanted was someone resourceful. But nobody knows what you mean what you mean when you say, 'I'm looking for a resourceful woman'." MacKenzie Bezos, 48, is a novelist who grew up in San Francisco and founder of anti-bullying organisation Bystander Revolution in 2014. The former couple met in the early 1990s when they both worked for investment management firm D.E. Shaw. They were engaged after three months of working together and married three months after that. Mrs Bezos was one of Amazon’s earliest employees and became an accountant for the business when it started as an online book retailer. They have four children together. The news of the divorce comes two days after Amazon became the world’s most valuable company, overtaking Microsoft’s valuation. Amazon currently has a market cap of $ 811.2bn, with analysts speculating that it could reach the trillion-dollar milestone. Last year the couple launched a $ 2 billion charitable fund together, called the Day One Fund. Their joint statement released on Mr Bezos' twitter account yesterday suggests they will continue to work on the project together . "Thought the labels might be different, we remain a family, and we remain cherished friends".



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New York Taxpayers Are Buying A Helipad For The Richest Man In The World

New York Taxpayers Are Buying A Helipad For The Richest Man In The WorldNew Yorkers, take note: While you commute in dilapidated and decaying subways,



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The World's Richest Man Came To Washington, D.C., And It Was Gross

The World's Richest Man Came To Washington, D.C., And It Was GrossWASHINGTON ― The Economic Club of Washington threw a party for Jeff Bezos, the



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Here's How Many Billions America's Richest Would Save On Estate Tax Repeal

Here's How Many Billions America's Richest Would Save On Estate Tax RepealMother Jones magazine and the progressive organization Americans for Tax Fairness have taken a look at the more lavish of the House and Senate measures to cut taxes for the richest people in America ― a mammoth break on estate taxes.



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Amazon Stock Surge Makes Jeff Bezos Richest Man On Earth

Amazon Stock Surge Makes Jeff Bezos Richest Man On EarthAmazon founder and CEO Jeff Bezos is now the richest person on the planet after a bounce in company stock value floated his net worth to a massive $ 93.8 billion by the end of business on Friday.



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Trump tax plan for 'average Americans' would mainly help richest 1%, study finds

Trump tax plan for 'average Americans' would mainly help richest 1%, study findsDonald Trump himself would be a big beneficiary of the plan, despite his claims that the proposals had ‘very little benefit for people of wealth’. Donald Trump’s “once-in-a-lifetime” plan to cut taxes for “average Americans” would mainly benefit the richest 1% and deliver only modest cuts for most US households, according to an independent analysis released on Friday. Trump announced a radical overhaul of the US tax system on Wednesday, claiming the plan would bring relief to middle-class households.



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A Ranking of the Richest Women of the Kardashian-Jenner Clan

A Ranking of the Richest Women of the Kardashian-Jenner Clan"Keeping Up with the Kardashians" is 10 this year. Here's how much the show has made for the women in the Kardashian-Jenner clan over the years.



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A Ranking of the Richest Women of the Kardashian-Jenner Clan

A Ranking of the Richest Women of the Kardashian-Jenner Clan"Keeping Up with the Kardashians" is 10 this year. Here's how much the show has made for the women in the Kardashian-Jenner clan over the years.



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Amazon's Jeff Bezos becomes world's richest: Forbes

Amazon's Jeff Bezos becomes world's richest: Forbes(Reuters) – Amazon.com Inc Chief Executive Jeff Bezos has unseated fellow tech billionaire Bill Gates as the richest person in the world, profiting from the e-commerce company’s meteoric stock rise to reach a fortune of $ 90.6 billion, Forbes reported. Amazon shares jumped 1.6 percent at the start of trading on Thursday, boosting the net worth of Bezos – the company’s founder and largest shareholder – by $ 1.4 billion, according to Forbes, which tracks the world’s wealthiest. The stock was up ahead of Amazon’s second-quarter earnings report after Thursday’s market close.



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