Jeff Bezos to keep Amazon voting power after divorce from MacKenzie

April 4 (Reuters) - MacKenzie Bezos and Amazon.com Inc founder and Chief Executive Officer Jeff Bezos agreed in a divorce settlement that he would retain all voting rights and 75 percent of the ex-couple's $143 billion stake in the world's biggest online retailer.

Some investors had worried about how the split could affect Jeff Bezos' influence over Amazon or the possibility he or MacKenzie would have to liquidate a large position ever since the world's richest couple announced the impending divorce in January.

"Grateful to have finished the process of dissolving my marriage with Jeff," MacKenzie Bezos said on Twitter, in the first and only tweet from an account that was created this month.

19 PHOTOS
Jeff and MacKenzie Bezos through the years
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Jeff and MacKenzie Bezos through the years
FILE: Jeff Bezos, founder and chief executive officer of Amazon.com Inc., left, holds hands with his wife MacKenzie Bezos, while arriving for a morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Thursday, July 11, 2013. Amazon.com Inc. founder Jeff Bezos, the worlds richest person, and his wife MacKenzie are divorcing after 25 years. Bezos, 54, is worth $137 billion, according to the Bloomberg Billionaires Index, a ranking of the worlds 500 wealthiest people. The couple met when they both worked at hedge fund D.E. Shaw, and they married in 1993. He founded Amazon a year later. Photographer: Daniel Acker/Bloomberg via Getty Images
FILE: Jeff Bezos, founder and chief executive officer of Amazon.com Inc., and his wife Mackenzie Bezos, arrive at the Robin Hood Foundations annual benefit in New York, U.S., on Monday, May 12, 2014. Amazon.com Inc. founder Jeff Bezos, the worlds richest person, and his wife MacKenzie are divorcing after 25 years. Bezos, 54, is worth $137 billion, according to the Bloomberg Billionaires Index, a ranking of the worlds 500 wealthiest people. The couple met when they both worked at hedge fund D.E. Shaw, and they married in 1993. He founded Amazon a year later. Photographer: Peter Foley/Bloomberg via Getty Images
FILE: Jeff Bezos, founder and chief executive officer of Amazon.com Inc., left, holds hands with his wife MacKenzie Bezos, while arriving for a morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Thursday, July 11, 2013. Amazon.com Inc. founder Jeff Bezos, the worlds richest person, and his wife MacKenzie are divorcing after 25 years. Bezos, 54, is worth $137 billion, according to the Bloomberg Billionaires Index, a ranking of the worlds 500 wealthiest people. The couple met when they both worked at hedge fund D.E. Shaw, and they married in 1993. He founded Amazon a year later. Photographer: Daniel Acker/Bloomberg via Getty Images
FILE: Jeff Bezos, founder and chief executive officer of Amazon.com Inc., and his wife MacKenzie Bezos, arrive for morning sessions at the 28th annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Saturday, July 10, 2010. Amazon.com Inc. founder Jeff Bezos, the worlds richest person, and his wife MacKenzie are divorcing after 25 years. Bezos, 54, is worth $137 billion, according to the Bloomberg Billionaires Index, a ranking of the worlds 500 wealthiest people. The couple met when they both worked at hedge fund D.E. Shaw, and they married in 1993. He founded Amazon a year later. Photographer: Matthew Staver/Bloomberg via Getty Images
Amazon CEO Jeff Bezos and his wife MacKenzie Bezos poses as they arrive at the headquarters of publisher Axel-Springer where he will receive the Axel Springer Award 2018 on April 24, 2018 in Berlin. (Photo by JORG CARSTENSEN / dpa / AFP) (Photo credit should read JORG CARSTENSEN/AFP/Getty Images)
Amazon CEO Jeff Bezos and his wife MacKenzie Bezos pose with publisher Springer CEO Mathias Doepfner(R), publisher Friede Springer (L) as they arrive at the headquarters of publisher Axel-Springer where he will receive the Axel Springer Award 2018 on April 24, 2018 in Berlin. (Photo by Jörg Carstensen / dpa / AFP) / Germany OUT (Photo credit should read JORG CARSTENSEN/AFP/Getty Images)
Amazon CEO Jeff Bezos and his wife MacKenzie Bezos poses as they arrive at the headquarters of publisher Axel-Springer where he will receive the Axel Springer Award 2018 on April 24, 2018 in Berlin. (Photo by Jörg Carstensen / dpa / AFP) / Germany OUT (Photo credit should read JORG CARSTENSEN/AFP/Getty Images)
BEVERLY HILLS, CA - MARCH 4: Jeff Bezos and MacKenzie Bezos attend 2018 Vanity Fair Oscar Party Hosted By Radhika Jones - Arrivals at Wallis Annenberg Center for the Performing Arts on March 4, 2018 in Beverly Hills, CA. (Photo by Presley Ann/Patrick McMullan via Getty Images) *** Local Caption *** Jeff Bezos;MacKenzie Bezos
BEVERLY HILLS, CA - MARCH 04: Jeff Bezos and MacKenzie Bezos attend the 2018 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 4, 2018 in Beverly Hills, California. (Photo by George Pimentel/WireImage)
BEVERLY HILLS, CA - MARCH 04: Jeff Bezos (L) and MacKenzie Bezos attend the 2018 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 4, 2018 in Beverly Hills, California. (Photo by Jon Kopaloff/WireImage)
LOS ANGELES, CALIFORNIA - JANUARY 06: Chief Executive Officer of Amazon Jeff Bezos (L) and MacKenzie Bezos attend the SEAN PENN J/P HRO GALA: A Gala Dinner to Benefit J/P Haitian Relief Organization and a Coalition of Disaster Relief Organizations at Milk Studios on January 6, 2018 in Los Angeles, California. (Photo by Greg Doherty/Patrick McMullan via Getty Image)
WEST HOLLYWOOD, CA - FEBRUARY 26: (L-R) CEO of Amazon Jeff Bezos and writer MacKenzie Bezos attend the Amazon Studios Oscar Celebration at Delilah on February 26, 2017 in West Hollywood, California. (Photo by Todd Williamson/Getty Images for Amazon)
WEST HOLLYWOOD, CA - FEBRUARY 26: (L-R) CEO of Amazon Jeff Bezos and writer MacKenzie Bezos attend the Amazon Studios Oscar Celebration at Delilah on February 26, 2017 in West Hollywood, California. (Photo by Jerod Harris/Getty Images)
HOLLYWOOD, CA - FEBRUARY 26: Jeff Bezos, Chief Executive Officer of Amazon (L) and MacKenzie Bezos attend the 89th Annual Academy Awards at Hollywood & Highland Center on February 26, 2017 in Hollywood, California. (Photo by Todd Williamson/Getty Images)
BEVERLY HILLS, CA - JANUARY 08: Amazon Founder/CEO Jeff Bezos (L) and MacKenzie Bezos attend the Amazon Studios Golden Globes Party at The Beverly Hilton Hotel on January 8, 2017 in Beverly Hills, California. (Photo by Jerritt Clark/FilmMagic)
WASHINGTON, DC - JANUARY 28: (L-R) Washington Post reporter and former Tehran bureau chief Jason Rezaian, U.S. Secretary of State John Kerry, Amazon founder and Washington Post owner Jeff Bezos and his wife MacKenzie Bezos participate in the opening ceremony of the newspaper's new location January 28, 2016 in Washington, DC. Kerry and Bezos worked to help free Rezaian after he spent 18 months in an Iranian prison after he was jailed and tried in secret for espionage. (Photo by Chip Somodevilla/Getty Images)
BEVERLY HILLS, CA - JANUARY 10: Entrepreneur Jeff Bezos (R) and MacKenzie Bezos attend the 73rd Annual Golden Globe Awards held at the Beverly Hilton Hotel on January 10, 2016 in Beverly Hills, California.' (Photo by Michael Kovac/Getty Images for Moet & Chandon)
LOS ANGELES, CA - SEPTEMBER 20: Founder and CEO of Amazon.com Jeff Bezos (L) and MacKenzie Bezos arrive at Amazon Video's 67th Primetime Emmy Celebration at The Standard Hotel on September 20, 2015 in Los Angeles, California. (Photo by Amanda Edwards/WireImage)
NEW YORK, NY - MAY 07: Mackenzie Bezos (L) and Jeff Bezos, founder and chief executive officer of Amazon.com attend the 'Schiaparelli And Prada: Impossible Conversations' Costume Institute Gala at the Metropolitan Museum of Art on May 7, 2012 in New York City. (Photo by Dimitrios Kambouris/Getty Images)
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MacKenzie said that she will also give up her interests in the Washington Post, a frequent target of criticism from U.S. President Donald Trump that Jeff Bezos bought in 2013, and the rocket company Blue Origin he founded in 2000.

One Amazon investor, speaking on condition of anonymity because of a firm policy, said the resolution removes some uncertainty around the stock. Amazon shares were down 0.2 percent at $1,817.41 in afternoon trading.

“It takes the issue off the table, with less turbulence than you might have expected,” said the investor, whose firm owns several million dollars’ worth of Amazon shares.

Jeff Bezos, 55, is seen as essential to Amazon's meteoric growth and stock price rise since he founded the company in 1994.

17 PHOTOS
Twitter reacts to Jeff Bezos divorce announcement
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Twitter reacts to Jeff Bezos divorce announcement
Motion to call Jeff Bezos divorcing his wife “Alexit.”
Jeff Bezos is divorcing wife MacKenzie after 25 years of marriage. According to the pre-nup her free Amazon Prime m… https://t.co/METQhvD6sy
Top Investment Idea for 2019: Go long the law firm representing Mackenzie Bezos
Jeff Bezos is getting divorced after realizing that marriage counts as a union.
Daaaamn it’s crazy that Jeff Bezos left his wife for Siri.
Bezos has Prime so he'll have a new wife delivered to him for free within 2 days.
Hoping that a clerical error means both Jeff Bezos and his wife lose everything in the divorce
The real question in the Bezos divorce is who gets the Seattle City Council in the divorce? Will Jeff at least get visitation rights?
Jeff Bezos' divorce-dad phase is going to get every single one of us killed
Jeff Bezos is now gonna buy every Corvette on earth
TODAY Jeff Bezos and his wife MacKenzie are set to divorce after a long and intense disagreement over what they wan… https://t.co/cLnpiKBdfZ
Jeff Bezos has announced his search for Wife2. Prospective candidates are encouraged to submit their requests for p… https://t.co/3H1NWwPpHp
Wondering if Jeff Bezos will get a divorce lawyer from Amazon.
Jeff Bezos' net worth just crashed by 50%
lol imagine swiping through Tinder and Jeff Bezos comes up
I wish I was Jeff Bezos wife.
Jeff Bezos wife is leaving him after finally working out how to unsubscribe from the 30 day free trial of him she signed up to 25 years ago.
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He has credited MacKenzie, 48, for her support when he uprooted the young couple to Seattle from New York to launch Amazon, an online bookseller that grew into the world's largest internet retailer.

"When I think about Amazon, and the influence Bezos has on Amazon, I would argue his influence would be the same if he had 51 percent shares outstanding or 1 percent. I think his influence is dictated by his vision for Amazon," D.A. Davidson analyst Tom Forte said.

STILL EXTREMELY WEALTHY

MacKenzie Bezos will remain extremely wealthy. Her stake in Amazon, valued at roughly $36 billion, is worth more than the market values of nearly 70 percent of the components of the S&P 500. That includes companies like eBay Inc, Allstate Corp and Twitter Inc.

The settlement also suggests that Amazon will be spared the kind of boardroom battle that has plagued other companies whose owners are dealing with family rifts, even though the divorce had jolted the once private Bezos couple into the public spotlight.

Jeff Bezos re-tweeted MacKenzie's statement and added in a separate post that he was grateful "for her support and for her kindness in this process."

Liat Sadler, a San Francisco matrimonial lawyer, said the settlement should put investors at ease.

“They’ve done a lot of work behind the scenes to make their breakup as amicable as it seems,” she said. Still, Sadler added, “Without knowing what cash she received, I have no idea how favorable it was to him or not."

The day they announced their separation on Twitter, the National Enquirer promised to reveal an affair it claimed had ended their marriage, contrary to the couple's statement that they were on a "long period of loving exploration and trial separation."

The U.S. tabloid then published alleged photos and intimate text messages between Bezos and his new partner, former television news anchor Lauren Sanchez.

Jeff Bezos in February had said the tabloid was trying to blackmail him unless he said in public that the American supermarket tabloid's reporting on him was not politically motivated.

The paper's parent, American Media Inc, has said that reporting on an extramarital relationship involving the world's richest was lawful and it would investigate his claims.

American Media and its CEO David Pecker have had close links to Trump, who on Twitter has attacked Bezos, Amazon and the newspaper he owns privately, the Washington Post.

(Reporting by Jeffrey Dastin in San Francisco and Arjun Panchadar in Bengaluru; Writing by Meredith Mazzilli; editing by Anil D'Silva, Nick Zieminski and Bill Berkrot)

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