MacKenzie Bezos, Amazon CEO’s ex-wife, sells $400M in stock after pledge to give away billions - Yahoo Tech

MacKenzie Bezos will donate more than half of her fortune to charity. (Photo via Bystander Revolution)

Amazon CEO Jeff Bezos’ ex-wife, MacKenzie Bezos, has sold off about $400 million worth of the Amazon stock she received as part of the couple’s divorce settlement — potentially providing the wherewithal for the charitable activities she’s planning.

• Word of the sale came indirectly, in an end-of-year filing that Jeff Bezos made with the Securities and Exchange Commission. The filing notes that the Amazon CEO exercises sole voting authority over nearly 19.5 million Amazon shares that he doesn’t have the sole power to dispose of. That matches the stake that MacKenzie Bezos holds — and CNBC notes it’s about 200,000 fewer shares than she was granted in last April’s settlement.
• Those 200,000 shares translate to about $400 million at the current price. Even after the sale, MacKenzie Bezos’ Amazon holdings amount to nearly $36 billion, putting her among the world’s top billionaires.
• There’s no indication what the proceeds of the sale were used for, but shortly after the divorce was announced, MacKenzie Bezos said she signed the Giving Pledge, which commits her to giving half her fortune to philanthropic causes. Her best-known charity is the Bystander Revolution, which focuses on anti-bullying campaigns, and she’s also played a prominent role in the Bezos Family Foundation, the Day One Fund, TheDream.US and other charities.

More from GeekWire:

• Update: Jeff Bezos sells $2.8B in Amazon stock as ownership stake in tech giant drops to 12%
• Jeff and MacKenzie Bezos finalize divorce; Amazon CEO keeps 75% of couple’s stock
• The Jeff Bezos portfolio: Here’s how the Amazon chief has invested billions
• The $100 billion question: What will happen to Bezos and Allen fortunes as they change hands?

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MacKenzie Bezos, Amazon CEO’s ex-wife, sells $400M in stock after pledge to give away billions - Yahoo Tech
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