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Around the World

MacKenzie Bezos is set to get her bumper divorce settlement

Mackenzie Bezos is on her to becoming the third richest woman in the world as the the transfer of Amazon stock to her is expected to happen this week.

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MacKenzie Bezos is set to get her bumper divorce settlement

MacKenzie Bezos is on her way to becoming one of the world’s richest women as the divorce process between her and her estranged husband and Amazon’s founder, Jeff Bezos, draws to an end this week.

According to reports, MacKenzie will inherit a $38 billion stake in Amazon Inc as part of her divorce settlement this week.

[READ FURTHER: True wealth is not just about the accumulation of paper money – Awosanya]

Bloomberg has classified the divorce settlement as one of the biggest wealth transfers in history. The President of the American Academy of Matrimonial Lawyers, Peter Walzer, was quoted as saying the following;

“This is the Godzilla of all divorces; nothing comes close to it because of the amount of wealth that’s being divided.”

Jeff and Mackenzie Bezos

Jeff and Mackenzie Bezos

[READ ALSO: Dangote gains $5.8 billion in one day]

Background Story: In April 2019, the couple announced their separation via Twitter, appreciating families and friends who were there for them all along. They were married for 25 years.

Recall that Nairametrics reported that Jeff Bezos would retain his voting power in the company after his divorce to MacKenzie. Their divorce agreement will also enable Bezos to retain his world richest man status; for now.

The shares agreement: In the settlement, Jeff Bezos will keep the voting control of his entire $143 billion stakes in Amazon, while MacKenzie is expected to own 25 percent of those shares. This represents a 4-percent stake in Amazon, making her the third richest woman in the world.

[READ ALSO: Watch as Bill Gates and Warren Buffet light up customers’ faces at a restaurant]

World’s most expensive divorces: In view of the development, Nairametrics thought it might interest you to see a list of some of the most expensive divorces the world has ever seen. That is why we’ve compiled the list. See below:

  1. Alec Wildenstein and Jocelyn Wildenstein divorce in 1999 reportedly cost 5.7 billion.
  2. Rupert Murdoch’s divorce from his wife cost him an estimated at $2.6 billion.
  3. Bernie Ecclestone’s divorce in 2009 from Slavica was estimated at $1.4 billion.
  4. Kevin Costner’s divorce from Cindy Silva was estimated at $80 million
  5. James Cameron’s divorce from Linda Hamilton was estimated at $50 million.

Find the full list of the most expensive divorces HERE.

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Around the World

Ngozi Okonjo-Iweala resumes first day as WTO Director-General

Dr Okonjo-Iweala officially resumed duty as the DG of the WTO today, March 1, 2021.

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Dr. Ngozi Okonjo-Iweala, former Nigerian Finance Minister and the first woman and African to be appointed as Director-General of the World Trade Organization resumed her first day of work as WTO chief.

This was disclosed in a social media statement on Monday morning by the WTO. Okonjo-Iweala said the WTO has lots of work to do and she feels ready to start

The trade organisation said: “Welcome to Dr Ngozi Okonjo-Iweala, on her first day as WTO Director-General! She makes history as the first woman and first African to take up this post.”

On her first day, Dr. Iweala said she is “coming into one of the most important institutions in the world and we have a lot of work to do. I feel ready to go.”

What you should know 

  • On February 15th 2021, Nigeria’s Dr. Ngozi Okonjo-Iweala was officially appointed as the Director-General of the World Trade Organisation.
  • The United States and former Permanent Secretary Federal Ministry of Foreign Affairs, Ambassador Joe Keshi pointed out that the only way Nigeria as a country can benefit from her appointment is by being productive.
  • “She will not help you unless you are productive, she will not help you except you have something to sell, because her role as a DG of the World Trade Organization, the World Trade Organization is an organization that regulates global trade and except you have something to sell and you know put into the world market her role is to ensure that you get a fair deal and that you are not cheated in the whole process,” he said.

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Around the World

President Biden conducts first military airstrike against Iran-backed militia in Syria

The US has carried out military action in an approved airstrike against Iran-backed militia in eastern Syria.

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Joe Biden gains additional 4.6 million Twitter followers in less than 12 hours

U.S President, Joe Biden conducted his first military action in an approved airstrike against Iran-backed militia in eastern Syria, in a response to rocket attacks against American interests in Iraq.

This was disclosed in a report by Reuters on Friday morning, which revealed that the airstrikes were “limited in scope, potentially lowering the risk of escalation.”

Pentagon spokesman John Kirby said: “At President (Joe) Biden’s direction, U.S. military forces earlier this evening conducted airstrikes against infrastructure utilized by Iranian-backed militant groups in eastern Syria.”

“President Biden will act to protect American and Coalition personnel. At the same time, we have acted in a deliberate manner that aims to de-escalate the overall situation in both eastern Syria and Iraq,” he added.

The Pentagon revealed that the airstrikes were targeted at multiple facilities used by Iranian-backed militant groups, including Kata’ib Hezbollah (KH) and Kata’ib Sayyid al-Shuhada (KSS) at a Border Control point.

What you should know 

  • The attacks come just a month after Nairametrics reported that Joe Biden was sworn in as the 46th President of the United States.
  • Also this week, Joe Biden revoked former President, Donald Trump’s order that blocked many green card applicants from entering the United States.

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