How will the world’s richest couple split a $135 billion fortune tied up largely in a U.S. technology firm? finews.asia looks into Jeff Bezos’ mistakes in love and divorce – and the lessons for private bankers.
The divorce of tech titan Jeff Bezos and his wife, novelist McKenzie Bezos, has divorce attorneys and investment bankers alike buzzing. Divorce is almost always excruciating, even more in the limelight the power couple operates in.
In many ways, 55-year-old Bezos was a model husband, reportedly putting family time first and reveling in his wife’s accomplishments (a Princeton graduate, MacKenzie has published two novels, including one which won an American Book Award).
But as a billionaire entrepreneur, Bezos will have wealth advisers telling him that he was an awful husband. The end of his 25-year marriage highlights the perils for the ultra-rich in mixing business with love. finews.asia dissects the biggest financial mistakes made by Bezos and his wealth managers:
1. No Lawyers
(Image: Shutterstock)
The Bezos reportedly married without a pre-nuptial agreement to divide their assets. No surprise: the couple wasn’t yet fabulously wealthy yet, and Amazon hadn’t been conceived.
Though they will have lived comfortably in Manhattan from Jeff’s early stints with Banker’s Trust and hedge fund D.E. Shaw, the couple’s net worth probably wasn’t enough to warrant a financial agreement during their whirlwind six-month courtship before tying the knot.
- Page 1 of 6
- Next >>
