Amazon CEO Jeff Bezos, wife MacKenzie are divorcing

After 25 years of marriage, Billionaire Jeff Bezos and his wife Mackenzie have announced their divorce.

In a Tweet published by the executive and signed by both parties, they expressed that this was a mutual decision reached following a trial separation.

The news comes just three days before the CEO’s 55th birthday. Read the full excerpt below:

We want to make people aware of a development in our lives. As our family and close friends know, after a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends. We feel incredibly lucky to have found each other and deeply grateful for every one of the years we have been married to each other. If we had known we would separate after 25 years, we would do it all again. We’ve had such a great life together as a married couple, and we also see wonderful futures ahead, as parents, friends, partners in ventures and projects, and as individuals pursuing ventures and adventures. Though the labels might be different, we remain a family, and we remain cherished friends.

MacKenzie Bezos is a 48-year-old novelist who is often cited in the Amazon origin story as having supported her husband’s move off of Wall Street and into e-commerce.

Shares of Amazon dipped slightly immediately following the announcement.

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