Why Jeff Bezos’ Divorce Could be Bullish for Amazon Shares

News of Amazon chief Jeff Bezos and wife MacKenzie Bezos divorcing sparked questions about how the split could affect the world’s most valuable company’s stock. While there were questions, there wasn’t panic. Investors are in wait-and-see mode. The news, which came Wednesday via a tweet from Jeff Bezos, barely moved Amazon’s share price. It closed Friday at $1,640.56. What’s at Risk for Jeff Bezos and Wife MacKenzie? Amazon investors were not shaken by news that the company’s founder would be splitting the world’s largest fortune with his soon-to-be ex-wife. The tech bellwether’s market cap is roughly $784 billion. It has about 477 million shares outstanding. Jeff Bezos owns almost 79 million of those shares. Those shares, as well as his other assets, put his net worth at roughly $137 billion. Reportedly, he and his wife of 25 years have no prenuptial agreement. The way their assets are split depends on…

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