MacKenzie Bezos’ recent announcement that she’d take the Giving Pledge and dedicate at least half of her $35 billion in net worth to philanthropy has sparked attention, partially because her ex-husband, Jeff Bezos, wouldn’t sign the pledge.“My approach to philanthropy will continue to be thoughtful,” she wrote in her letter announcing the pledge.I hope others—including Jeff Bezos as well as those who will earn fortunes from the recent initial public offerings of Lyft, Uber, and Pinterest and the potential IPOs of Slack and Airbnb—will follow MacKenzie Bezos’ lead.Indeed, as big givers from Andrew Carnegie to Warren Buffett have observed, it can seem easier to accumulate resources than to give them away wisely.The philanthropic road is littered with the carcasses of those who thought that “disrupting” poverty would be as simple as disrupting the taxi industry or that “transforming” education would be as easy as giving every student access to some new app or device.Almost invariably, they learn this is not the case.
Robert Mueller breaks his silence, Amazon unveils a new device with more privacy features, and we pontificate on the philanthropy of billionaires.Here's the news you need to know, in two minutes or less.We all learned what Robert Mueller's voice actually sounds like when the special counsel made a surprise appearance this morning to discuss his two-year investigation into Russian interference in the 2016 election, and whether the president obstructed justice.Summarizing his findings, Mueller explained that DOJ policy precluded his team from charging a sitting president with a crime, and that "if we had confidence that the President clearly did not commit a crime, we would have said that."Mueller ended his remarks by emphasizing that every American should pay more attention to the first half of his report, about Russia's broad and systemic election interference efforts.Yeah, there's a lot to unpack.
Nearly two months after her divorce from Amazon CEO Jeff Bezos was finalized, MacKenzie Bezos has made a plan to be far more generous than she and her former husband were as a couple.When the pair split, she became one of the richest women in the world, with a fortune estimated to be worth more than $36 billion.“I have a disproportionate amount of money to share,” MacKenzie, a novelist, wrote bluntly in an otherwise literary letter announcing her decision to join the Giving Pledge Tuesday.“My approach to philanthropy will continue to be thoughtful.And I will keep at it until the safe is empty.”Since it was founded by notable rich people Bill Gates, Melinda Gates, and Warren Buffet in 2010, the Giving Pledge has attracted over 200 wealthy individuals from around the world who publicly commit to donate at least half of their money either during their lifetimes or in their wills.
MacKenzie Bezos has signed the Giving Pledge, a commitment to donate more than half of her almost $37 billion in assets to charity.Visit Business Insider's homepage for more stories.MacKenzie Bezos announced on Tuesday that she has joined the philanthropic effort to pledge more than half of her wealth during her lifetime or in her will, known as the Giving Pledge.Following her divorce from Amazon founder Jeff Bezos earlier this year, MacKenzie Bezos received a stake in the retail giant that puts her net worth at almost $37 billion, according to current prices."My approach to philanthropy will continue to be thoughtful.Read more: Jeff and MacKenzie Bezos have finalized the terms of their divorce — and she's set to come out of it as one of the richest women in the world
MacKenzie Bezos said Tuesday she plans to give away at least half her massive fortune.Bezos, the soon-to-be ex-wife of Amazon CEO and founder Jeff Bezos, joined the Giving Pledge, an agreement among some of the world's wealthiest people to donate at least half their money to charity in their lifetimes or in their wills.She is set to become one of the world's richest people, worth about $37 billion, once her divorce is finalized in about a month.Jeff Bezos, who is the world's richest person, with a $114 billion fortune, has not joined the pledge."In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share," MacKenzie Bezos wrote in her Giving Pledge letter."My approach to philanthropy will continue to be thoughtful.
MacKenzie Bezos, the world’s third-richest woman following her divorce from Amazon founder and CEO Jeff Bezos, has signed the Giving Pledge — a commitment that will see her giving away more than half her wealth to philanthropy or charitable causes, either during her lifetime or in her will.Bezos recently made headlines when she gave ex-husband Jeff 75 percent of their joint Amazon stock and voting control in their divorce, along with their interests in The Washington Post and Blue Origin.However, that still left her with an at least $35.6 billion stake in Amazon.“In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share.My approach to philanthropy will continue to be thoughtful.Ex-husband Jeff Bezos tweeted praise for MacKenzie’s pledge this morning:
the Promise given through the Microsoftgrundaren Bill Gates and superinvesteraren Warren Buffett charity, where mångmiljardärer committed to giving away most of their fortunes.with the divorce takes MacKenzie Bezos to 25 percent of the exparets Amazonaktier, which makes her one of the planet's richest women.Her fortune is estimated to be over 340 billion."I have a disproportionate amount of money that I can share with you," writes MacKenzie Bezos in a statement.
Two angles facing left, which often indicate, "return to the beginning."Now, the Amazon CEO is reportedly on the hunt for an NYC apartment, The New York Post reported.The Bezos family owns at least six properties across the country, including two neighboring Beverly Hills mansions, a massive estate in a Seattle suburb, and apartments in a historic NYC building.Days after Jeff Bezos and MacKenzie Bezos announced they'd finalized the terms of their divorce, the Amazon CEO is reportedly apartment hunting in New York City, The New York Post reported.The Amazon CEO remains the richest person in the world with a net worth of $115 billion, while MacKenzie Bezos is now worth $37 billion, making her the fourth-richest woman in the world.It's still unknown how the Bezos family will split up their real-estate holdings, which include six massive properties across the country.
If internet platforms fail to keep hate speech and content relating to sexual abuse, violence, terrorism or self-abuse off their services, they will face huge fines under the proposed new rules.Amazon paid $97 million to acquire Eero in a fire-sale deal that left some shareholders with practically nothing, according to leaked documents obtained by Business Insider.New Zealand's privacy commissioner called Facebook "morally bankrupt liars" over its reaction to the Christchurch shooting last month.Facebook said it removed 1.5 million videos of the New Zealand shooting in 24 hours, and deleted the shooter's Facebook account and his original live video.Lauren Sanchez reportedly filed for divorce from her husband a day after Jeff and MacKenzie Bezos finalized the terms of their divorce.Divorce documents were reportedly filed on Friday to sever the 13-year marriage between Sanchez and Patrick Whitesell, the co-CEO of the talent agency WME.
Lauren Sanchez, the woman reportedly dating Amazon CEO Jeff Bezos, has filed for a divorce from her husband, TMZ reports.Divorce documents were filed Friday to sever the 13-year-marriage between Sanchez and Patrick Whitesell, the co-CEO of the talent agency WME.News of the divorce filings comes just a day after Jeff and MacKenzie Bezos announced on Twitter their divorce agreement had been finalized.Just a day after Jeff and MacKenzie Bezos announced that the terms of their divorce had been finalized, TMZ reports that the reported girlfriend of the Amazon CEO has filed for divorce from her husband.Divorce papers were filed Friday to end the marriage between Lauren Sanchez, a former TV anchor, and Patrick Whitesell, the co-CEO of Hollywood talent agency WME, according to TMZ.The couple, who was married for 13 years, reportedly asked for joint custody of the two children they have together.
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories.If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here.MacKenzie Bezos giving ex-husband Jeff 75 percent of Amazon stock, voting controlMacKenzie Bezos noted in a tweet that her 26-year marriage to Amazon CEO Jeff Bezos has been formally dissolved.She added that she will be giving the executive all interest in the Bezos-owned Washington Post and privatized space company, Blue Origin.The deal also finds MacKenzie giving her ex 75 percent of their joint Amazon stock, with Jeff also retaining voting control in her remaining 25, “to support his continued contributions with the teams of these incredible companies.”
Two angles facing left, which often indicate, "return to the beginning."Two angles facing right, which often indicate, "advance to the end."Amazon CEO Jeff Bezos and MacKenzie Bezos finalized their divorce agreement on Thursday.MacKenzie and Jeff Bezos were married for 25 years, and have four children.They announced their divorce in January, after a trial separation period.People on Twitter are already vying for the attention of MacKenzie, whose remaining stake in Amazon is estimated to be worth about $35.7 billion at its current share price.
Jeff and MacKenzie Bezos said Thursday they've finalized their divorce, with MacKenzie Bezos gaining 4% of Amazon's stock as part of the split.The 4% stake would make MacKenzie Bezos one of Amazon's four biggest shareholders and one of the world's 30 richest people, worth about $35 billion, just above Michael Dell.Jeff Bezos will continue to own about 12% of Amazon and will remain the world's richest person, even after giving up 25% of his Amazon ownership.He'll be worth roughly $115 billion, still over $10 billion more than Bill Gates, No.MacKenzie Bezos agreed to allow Jeff Bezos to keep voting control of her shares.MacKenzie Bezos also agreed to give over to Jeff Bezos her interests in the Washington Post and Blue Origin, Bezos' space-travel and rocket company.
Amazon CEO Jeff Bezos and his wife Mackenzie Bezos have finalized their divorce.The couple each released statements on Twitter on Thursday announcing that they have "finished the process of dissolving" their marriage.In her statement, MacKenzie Bezos says that she's granting Jeff Bezos all of her interests in the Washington Post and Blue Origin, and 75% of the Amazon stock co-owned by the pair and voting control over the shares she's retaining.
In a tweet today, MacKenzie Bezos noted that her 26 year to Amazon CEO Jeff Bezos has been formally dissolved.She added that she will be giving the executive all interest in the Bezos-owned Washington Post and privatized space company, Blue Origin.The deal also finds MacKenzie giving her ex 75 percent of their joint Amazon stock, with Jeff also retaining voting control in her remaining 25, “to support his continued contributions with the teams of these incredible companies.”She explained that she is “grateful” at having finalized the dissolution process, adding “Excited about my own plans.Grateful for the past as I look forward to what comes next.” MacKenzie Bezos is an accomplished writer, releasing her debut novel The Testing of Luther Albright in 2005.The book went on to win an American Book Award.
Saudi Arabia hacked into Jeff Bezos's phone and took private information, according to an investigator hired by the Amazon boss.Gavin de Becker, who Bezos hired to investigate how private messages about a personal relationship were leaked to a tabloid, suggested in a Saturday post at The Daily Beast that the hack was linked to the murder of Jamal Khashoggi, a Saudi reporter who wrote for The Washington Post."Our investigators and several experts concluded with high confidence that the Saudis had access to Bezos' phone, and gained private information," de Becker wrote.He said he had provided US authorities with his findings.The Saudi embassy in Washington didn't immediately respond to a request for comment.The allegations come roughly two months after Bezos accused American Media Inc., which owns The National Enquirer, of attempted extortion.
Jeff Bezos' divorce announcement in January started with a seemingly heartfelt and straightforward tweet from the couple and soon after spiraled into allegations of blackmail over nude photos and a private investigation into leaked texts.The split has transformed Bezos' public persona from a privacy-seeking tech geek to a supermarket tabloid regular, with gossip pages dishing on the couple's massive fortune of roughly $140 billion and on Bezos' steamy texts to his new girlfriend.The divorce is expected to result in one of the most notable settlements in history -- and likely the biggest.The couple married 25 years ago, the year before Bezos founded Amazon.Jeff Bezos is Amazon's founder, CEO, chairman and top shareholder.The couple has four children.
Two angles facing left, which often indicate, "return to the beginning."The Chronicle of Philanthropy published its "Philanthropy 50," ranking of the top donators to good causes in the US.Other tech moguls including Mark Zuckerberg, Paul Allen, and Sheryl Sandberg featured prominently.Figures from the world of tech featured prominently on the list, with Jeff and MacKenzie Bezos topping the list, clinching the top spot from Bill and Melinda Gates.Alberto E. Rodriguez / GettySalesforce CEO Marc Benioff caused a stir this year in his avid support for philanthropic efforts in San Francisco, notably backing Proposition C, a tax on big tech companies that will deploy the money it raises to addressing the city's homelessness problem.
In his extraordinary Medium post last week accusing American Media Inc of “extortion and blackmail,” Bezos hinted (but did not explicitly state) that there may be a connection between Saudi Arabia and the publication of his personal messages with Lauren Sanchez.Now Saudi Arabia’s minister of foreign affairs has denied it was involved, stating during an interview with CBS’ “Face the Nation” that the Saudi government had “nothing to do with it.”Last month, the National Enquirer published a series of texts between Bezos, who is separated from wife MacKenzie Bezos, and Sanchez.In his post last Thursday, Bezos claimed AMI, the owner of the National Enquirer, threatened to release messages that included intimate photos unless he cancelled an investigation into the source of the leaks and stopped claiming AMI was “politically motivated or influenced by political forces.” Bezos wrote that “the Saudi angle seems to hit a particularly sensitive nerve with” AMI CEO David Pecker, a close associate of President Donald Trump.(The Daily Beast reported earlier today that Lauren Sanchez’s brother Michael Sanchez was the original source of the messages.Michael Sanchez is a close friend of Trump adviser Roger Stone.)
American Media has said it will “thoroughly investigate” claims by Amazon founder Jeff Bezos after he released a statement claiming that the company's tabloid, the National Enquirer, had blackmailed him.In a statement on Friday, American Media responded to Bezos' claims and said it had acted lawfully.“American Media believes fervently that it acted lawfully in the reporting of the story of Mr. Bezos,” the company said in a statement.It said that it had negotiated in “good faith to resolve all matters with him”.“In light of the nature of the allegations published by Mr. Bezos, the Board has convened and determined that it should promptly and thoroughly investigate the claims.Upon completion of that investigation, the Board will take whatever appropriate action is necessary,” it added.