Amazon CEO Jeff Bezos is headed for divorce with his wife after 25 years of marriage. Given that he is the richest man in the world, it may be the most expensive divorce the world has seen. If they follow the standard equitable division of marital property, his wife could receive around $68 billion in assets. Your divorce will not have this extreme level of valuable assets, but you can learn what to expect from a high-asset divorce by watching his case.
The public question about Bezos’s divorce is how it may affect Amazon. Bezos founded the company after he was married, which means that his ownership of Amazon is marital property. There are several possible outcomes because of this:
- His wife could obtain a share of ownership of Amazon;
- She could sell her share to another party, possibly disrupting the company’s balance of power; or
- Bezos could pay billions of dollars to purchase her share of the company.
Any business owner going through a divorce must weigh similar decisions, though most will have much less money at stake. Your business is a marital property unless you created it before your marriage and have kept its finances separate from your marital finances. It is important to maintain control of your business after your divorce, but you will need to give your spouse other valuable assets as compensation....