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
The Incidental Feminist: New book claims Margaret Thatcher had two affairs; including one with her chief whip
BBC Breakfast's Sally Nugent supported by co-stars as she makes 'brave' admission
TV legend Pankaj Dheer, remembered as Karna from Mahabharat, dies
How much can you open a cricket ball manufacturing factory, and how much can you earn each month?
Former Kenya PM Raila Odinga dies of cardiac arrest; was undergoing Ayurvedic treatment in Kerala- condolences pour in
