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Bezos fallout: Disclosure and divorce

Joe Mont | January 9, 2019

Should compliance officers make it a point to grab a stack of supermarket tabloids on their way into the office or browse TMZ videos once they get there?

Probably not. There are, however, times when the world of gossip and otherwise private lives intersect with risk management and disclosure obligations.

This week, Jeff Bezos, founder and CEO of Amazon, announced that he and his wife of 25 years, MacKenzie, will proceed with divorce proceedings. Bezos, with a personal fortune valued at more than $140 billion, is among the world’s wealthiest men. His company is also jockeying with Microsoft for the distinction of being Wall Street's most valuable company. In September, Amazon became the second company, after Apple, to exceed a $1 trillion market capitalization.

We have no specific insight into what divorce arrangements might be revealed in the coming days. As of this writing, there was not yet verifiable news of a prenuptial agreement or post-divorce settlement...

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