Good one! Call me names and then incite the mods against me
Or perhaps you should use the Ignore button since we're not amusing you
Jeff Bezos divorcing
- Thread starter Rianne
- Start date
Or perhaps you should use the Ignore button since we're not amusing you
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As with the other thread on divorce, this one is quickly devolving into sniping and not adding value to the forums. Keep it up and the same outcome will happen quicker here.
Instead, if you have relevant commentary to ADD to the specific topic that you believe is helpful to the ER community, please post accordingly.
Instead, if you have relevant commentary to ADD to the specific topic that you believe is helpful to the ER community, please post accordingly.
truenorth418
Full time employment: Posting here.
I agree a lot of the divorce talk here last couple of days has evolved into sniping.
However I hope that these high profile divorces serve as a helpful reminder for prospective newlyweds that they need to think through the potential financial and legal implications of marriage before signing the papers.
So much time and money is spent on the wedding and other bells and whistles. Why not drop a few hundred for a couple hours with a family law attorney too? It’s far less than would be spent for two lawyers and a divorce later on.
Nobody thinks a divorce or unhappy marriage is going to happen to them. But it happens a lot!!
However I hope that these high profile divorces serve as a helpful reminder for prospective newlyweds that they need to think through the potential financial and legal implications of marriage before signing the papers.
So much time and money is spent on the wedding and other bells and whistles. Why not drop a few hundred for a couple hours with a family law attorney too? It’s far less than would be spent for two lawyers and a divorce later on.
Nobody thinks a divorce or unhappy marriage is going to happen to them. But it happens a lot!!
@truenorth418, I understand what you're saying there but the outcome won't change unless the laws change and the laws won't change unless people are open to seeing that they're outdated, unfair and don't work in 2019.
Pre-nups are easily challenged and side stepped. However, I think in the case of Bezos they probably do have trusts and plenty of LLCs etc to stash money away into. Regardless neither of them (nor several of their generations) will ever have to worry about going broke even after the assets are halved.
Pre-nups are easily challenged and side stepped. However, I think in the case of Bezos they probably do have trusts and plenty of LLCs etc to stash money away into. Regardless neither of them (nor several of their generations) will ever have to worry about going broke even after the assets are halved.
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ivinsfan
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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These last two examples are real world examples of stuff happening MMM and his Mrs were young. worked hard, retired early and his blog exploded. Bezos hadn't even started Amazon when they married. How would you possibly account for this in a pre-nup.. In fact given the length of both marriages and the fact they both had kids there would be financial issues to manage anyway. After several decades and kids you can't just kick someone out the door with nothing.
Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Mr. B lives in a community property state (Washington I assume) and with all this wealth being acquired after marriage, I think it is obvious that 1/2 of it is hers. Poor Mr. B may lose 400+ Billion on the deal. Think of how that feels! Perhaps we should start a Go Fund Me for him?
The tone of their announcement indicates that Mr. and Mrs. B are going to copy some of we divorced folks, and not let the divorce destroy what they have created. It sounds like they are of one mind in terms of keeping Amazon a strong going concern. Good for them.
haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The world has changed. Waiting for our laws and customs and attitudes to catch up IMO is foolish for whichever group has lost power.
The best approach for anyone who might be concerned about loss is fairly clear I think. Still, many will not see this or will value other aspects over increased money safety when going into a relationship.
Life seems to require a fair amount of pain and risk overall, and how much anyone wishes to try to mitigate this depends on so many things. Also, the rules change over time. People in my age group married in a different legal and behavioral and public-attitudes regime, and few if any of us could have foreseen today's conditions.
One possible curve ball for the near future might involve broadening and re-defining "palimony". It may happen that you are not married, but if you live together, or whatever else might get pushed through, and shazam, there goes a bit chunk of your money if you want to exit.
Some posters have stressed that marriage is a contract. I guess, but the terms are always open to change and these changes will be applied to those who acted in accordance with the old "contract".
Ha
The best approach for anyone who might be concerned about loss is fairly clear I think. Still, many will not see this or will value other aspects over increased money safety when going into a relationship.
Life seems to require a fair amount of pain and risk overall, and how much anyone wishes to try to mitigate this depends on so many things. Also, the rules change over time. People in my age group married in a different legal and behavioral and public-attitudes regime, and few if any of us could have foreseen today's conditions.
One possible curve ball for the near future might involve broadening and re-defining "palimony". It may happen that you are not married, but if you live together, or whatever else might get pushed through, and shazam, there goes a bit chunk of your money if you want to exit.
Some posters have stressed that marriage is a contract. I guess, but the terms are always open to change and these changes will be applied to those who acted in accordance with the old "contract".
Ha
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GravitySucks
Thinks s/he gets paid by the post
They showed photos of Mrs. Bezos on tv yesterday and said she's had 4 kids. The woman sitting next to me said it's not fair. Billions of dollars and a figure like that after 4 kids.
<BarryWhiteVoice>MacKenzie, your the woman I want.
I'm all the man you need.</BarryWhiteVoice>
<BarryWhiteVoice>MacKenzie, your the woman I want.
I'm all the man you need.</BarryWhiteVoice>
GravitySucks
Thinks s/he gets paid by the post
Having two daughters ruined my figure. And my wife was doing the heavy lifting.
truenorth418
Full time employment: Posting here.
The financial implications of divorce (and child support, which is a separate matter) often come as a surprise to the divorced party who ends up paying.
The young couple ought to understand the financial implications years earlier, before they sign the marriage papers in the first place. Marriage is likely to be one of the most significant financial decisions they ever make, for better or worse.
When I sign any important contract, I have a lawyer take a look at it first and explain it to me so I fully understand it and I'm not surprised later on. Maybe I won't sign it after all if I don't like all the terms.
I suspect a lot of people wouldn't go through with the marriage if they really understood what could happen to them if it doesn't work out.
Lol.
How did the timeshare salesman react to that statement lol. I asked for the prenup but DW said no way, she had a figure better than MacKenzies, a good heart and I loved her so I said to hell with my half, I'll do it for us.
Mr. Tightwad
Thinks s/he gets paid by the post
Instead of consulting an attorney, or lifting a finger in any of the other matters suggested, avoiding marriage solves everything. And is 100% effective at preventing divorce.
I have never had to send an alimony payment.
Mr. Tightwad, not sniping now or ever. Just saying things certain people don't want to hear.
I have never had to send an alimony payment.
Mr. Tightwad, not sniping now or ever. Just saying things certain people don't want to hear.
Teacher Terry
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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So Mr. T you found someone to have 2 kids with you and they are fine with no marriage? You would still owe child support if you guys split.
MrsHaloFIRE
Full time employment: Posting here.
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One point to you on the scoreboard for this very fine response
MrsHaloFIRE
Full time employment: Posting here.
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Im wondering if theres any financial maneuvering in this. More specifically if he gets sued for a bazellion bucks, even if he lost every penny, half that fortune is now in ex wife's investment account and presumably in a complicated maze of trusts. Is this the ultimate "taking my marbles and going home"? May have been any host of normal reasons to divorce but this level of wealth sometimes merits some bold non-traditional moves. My gut says it was an affair. But I feel like I should bring this up
https://www.marketwatch.com/story/m...han-oprah-and-the-queen-of-england-2019-01-10
Occasional novelist and former Wall Street research associate MacKenzie Bezos, 48, could end up banking about $7.4 million for every single day she was married to Amazon boss Jeff Bezos, financial records show.
MacKenzie, who once said, “I have no business sense whatsoever,” may still walk away with around half the couple’s roughly $139 billion fortune ($69.5 billion) as a result of their divorce, which was announced Wednesday.
That would make her the richest woman in the world and probably in history. She’d be 26 times richer than Oprah Winfrey and more than 100 times richer than the Queen of England.
That would make her the richest woman in the world and probably in history. She’d be 26 times richer than Oprah Winfrey and more than a hundred times richer than the Queen of England.
Occasional novelist and former Wall Street research associate MacKenzie Bezos, 48, could end up banking about $7.4 million for every single day she was married to Amazon boss Jeff Bezos, financial records show.
MacKenzie, who once said, “I have no business sense whatsoever,” may still walk away with around half the couple’s roughly $139 billion fortune ($69.5 billion) as a result of their divorce, which was announced Wednesday.
That would make her the richest woman in the world and probably in history. She’d be 26 times richer than Oprah Winfrey and more than 100 times richer than the Queen of England.
That would make her the richest woman in the world and probably in history. She’d be 26 times richer than Oprah Winfrey and more than a hundred times richer than the Queen of England.
truenorth418
Full time employment: Posting here.
Given that divorce reveals that marriage is essentially a business arrangement, shouldn’t all these “richest in the world” lists be adjusted accordingly? If the person is married, net worth measure should be divided by 50%. Would be more accurate.
haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Yeah, but he could'na done it without her!
I'd go incognito. Dye my hair, put on sweat pants, get a nose job and go where no one knows me. I think it's a burden being that wealthy.
Mr. Tightwad
Thinks s/he gets paid by the post
Hello Terry. My first thought is....I live in SoCal. One doesn't have to "find" someone to have kids without marriage. Ample opportunities abound.
My kids mother did try to talk me into marriage, several times. I told her "zero percent chance". Yet if you asked her, she would tell you what a great guy I am. I just wasn't budging on the marriage front. So no, she wasn't fine with it.
We split many years ago. She makes a decent paycheck, about 150k. I believe she was worried that she might end up paying me. We each have one daughter living with us full time.I fully never intended to split with her. I tried my best in that relationship, and her awfulness drove me out.
I could write many sordid details, fascinating to some and upsetting to others, but I'll leave it at that unless you have any more questions.
And I meant what I said, that you appear to be a genuinely sweet person.
