Billionaire philanthropist MacKenzie Scott has reduced the size of her stake in Amazon.com by 42% since last year, Bloomberg News reported on Tuesday, citing a regulatory filing.
Scott, the former wife of Amazon founder Jeff Bezos, holds 81.1 million shares in the company, according to the latest disclosure dated September 30, down 58 million from a year ago, according to the news report.
Based on Amazon's closing price on Tuesday, the reduction is worth $12.55 billion.
Reuters could not independently confirm the filing.
A regulatory filing made with the U.S. Securities and Exchange Commission in Bezos' name said he beneficially owned more than 964 million Amazon shares as of September 30, including 81.1 million shares over which Bezos exercises sole voting authority.
Amazon did not immediately respond to a Reuters request for comment.
As part of the terms of their divorce in 2019, Scott received a 4% stake in Amazon worth $36 billion from Bezos.
She has donated more than $19.25 billion to more than 2,450 non-profit teams, according to her Yield Giving website.
Scott, the former wife of Amazon founder Jeff Bezos, holds 81.1 million shares in the company, according to the latest disclosure dated September 30, down 58 million from a year ago, according to the news report.
Based on Amazon's closing price on Tuesday, the reduction is worth $12.55 billion.
Reuters could not independently confirm the filing.
A regulatory filing made with the U.S. Securities and Exchange Commission in Bezos' name said he beneficially owned more than 964 million Amazon shares as of September 30, including 81.1 million shares over which Bezos exercises sole voting authority.
Amazon did not immediately respond to a Reuters request for comment.
As part of the terms of their divorce in 2019, Scott received a 4% stake in Amazon worth $36 billion from Bezos.
She has donated more than $19.25 billion to more than 2,450 non-profit teams, according to her Yield Giving website.
You may also like
'President thinks Putin-Zelenskyy meet possible': White House; Trump would 'love it', says press secretary Karoline Leavitt
ixigo Is Quietly Ascending To Become The Next Travel Giant
India refutes Trump's claim on halting Russian oil purchase
Assam CM Himanta Biswa Sarma constitutes fast-track court, to appoint special public prosecutor in Zubeen Garg case
RJD's Ritlal Yadav, currently lodged in jail, files nomination, says, "people of Danapur are with me"
