Home › Forums › MGTOW Central › The Bezos Factor: $140 Billion Divorce
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Sky-O 1 year ago.
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Uh…when Amazon started, it had 2 employees. Their names were Jeff and Mackenzie. Amazon’s servers operated out of their garage. She quit her job and moved to a different state with Jeff to start this company, it wasn’t like she didn’t have any skin in the game from the beginning. If Amazon failed it would have been a financial hit to both of them. The only reason she didn’t get the same amount of shares in her name as Jeff got from the start is because his were effectively half hers anyhow.
I didn’t say she should get peanuts, I just said she shouldn’t be getting 50%. Pretend for a second that they were never married. Jeff decides he needs an accountant, and Mackenzie says she’ll do it for 50% or whatever. Does Jeff not pass her up and get someone else who will do the work for a more reasonable amount? I absolutely think he does.
You can act like she was just an accountant…but the fact is early workers at startups make a f~~~ing killing if the company gets sold for a lot of money or goes public and they get a chunk of shares. Its why people work for startups.
Sure it is. But they don’t get $140 billion when they cash out.
If Amazon went under Mackenzie could have just as easily had years worth of work go down the drain with nothing to show for it, and I don’t think you’d be arguing her husband should have to back pay her accordingly for time put into a failed business.
I’m not saying she didn’t have risk involved, but everyone has risk when they do startups. They don’t get $140 billion when they cash out, especially when they are not the reason for the success of the company…not by a long shot.
Here’s another way to look at it…Jeff’s parents invested about 250k in 1995. Its estimated that investment could be worth about 30 billion today assuming they held on to their shares. Considering she founded the company with her husband and they were literally the first two Amazon workers, how much do you think she should walk away with? In this case, I think she’s getting f~~~ed over savagely if she isn’t walking away wealthier than Jeff’s parents.
I would actually argue that the $250k investment had more to do with Amazon’s success than what she did. She was replaceable. Heck, I’m sure she was replaced. Jeff was not.
I really don’t care what she gets. And I’m fine with her getting money due to what she contributed to the company, or what was contractually agreed to. That’s all fair. Her settlement from the divorce is not going to be based on her actual contribution, it’s going to be based off the baseless claim that she contributed to the financial success of their marriage just as much as he did. Which is total crap and absolutely everyone knows it.
Ok. Then do it.
So let me see if I understand this correctly: Jeff was worth 14 million dollars at age 29. And then he got married. How much was she worth on their wedding day? The ratio of those two numbers will tell you about who took on the majority share of the risk and expense of starting Amazon.
She worked as one of the original employees. Did she work for a paycheck? or did she agree to be paid with stock ownership?
If she was paid with a paycheck, then she’s been paid for her contribution each week as she made that contribution. If she agreed to work in exchange for stocks, then she is owed whatever amount of stock is specified in that agreement.
I submit that neither cash or assets should change hands on the basis of marriage, or divorce. If you disagree, but still maintain that both spouses are equal, please explain…
Look, it's not my fault that tornado dropped a house on your sister. Now get back on your broom and get your ass out of here... and take your monkeys with you
Now. . .
Back to the $70 billion
On some level, I wish I could meet Mackenzie. Totally seduce her and get her to fall in love with me. Then get married without a prenuptial agreement.
Wait a few years and at least roll out of the divorce with a solid $1 billion which would be more than fair, leaving her the rest.
Now. . .
Back to the $70 billion
On some level, I wish I could meet Mackenzie. Totally seduce her and get her to fall in love with me. Then get married without a prenuptial agreement.
Wait a few years and at least roll out of the divorce with a solid $1 billion which would be more than fair, leaving her the rest.The line forms right behind me.
Alexa, what’s Mackenzie’s phone number????
Order the good wine
Bezos got CUCKED lol
Imagine this scenario. . .
Mackenzie rolls out with $70 billion (half)
Bezos moves on with his life and goes from being worth $70 billion after the divorce to eventually being worth $140 billion again.
But along the way and without a prenup, he gets married to the chick he has been banging (Sanchez).
Then years later, gets divorced again and Sanchez gets $70 billion.
LOL
I didn’t say she should get peanuts, I just said she shouldn’t be getting 50%. Pretend for a second that they were never married. Jeff decides he needs an accountant, and Mackenzie says she’ll do it for 50% or whatever. Does Jeff not pass her up and get someone else who will do the work for a more reasonable amount? I absolutely think he does.
But that wasn’t what happened…it was a husband and a wife both quitting their jobs and both moving across the country to start a small business together. That small business just happened to turn into something huge. Let’s just say the roles were reversed here…in all honesty you’d probably be chanting f~~~ yeah brother, 50%…equality!
I’m not saying she didn’t have risk involved, but everyone has risk when they do startups. They don’t get $140 billion when they cash out, especially when they are not the reason for the success of the company…not by a long shot.
Well for starters…she has no shot at getting 140b, and how many trillion dollar companies are there?
Other than that, how do you know what they both contributed early on to the company? I’d be willing to bet she helped make some big decisions early on, considering it started off as a two person company they started together.
I would actually argue that the $250k investment had more to do with Amazon’s success than what she did. She was replaceable. Heck, I’m sure she was replaced. Jeff was not.
Maybe true, maybe not, I don’t know, but I do know if a partner and I both quit our jobs and moved to a different state to start a company together and years after it went public and turned wildly successful he tried to drive me out for a pittance because the role I played in this company at a less successful company wouldn’t have paid as much, I’d be telling him to get f~~~ed and taking my 50%.
Of course that s~~~ would have been clarified in a contract from the start…it just so happens here the contract was a marriage contract for a company that launched in a community property state.
Watch. . .
Months after the divorce when Mackenzie is worth $70 billion:
Her girlfriends encourage her to ‘get back out there girl!’ and start dating.
And she goes on a date with a guy, and when the bill comes to the table, she expects him to ‘be a man’ and pay it.
LOL
Or Mackenzie just invests the $70 billion after the divorce. (At a secure bond rate of 4%), has a huge mansion built.
Then stocks the mansion with about 50 Chads.
Actually makes part of the mansion compound a Chad retreat type area. State of the art weight & fitness facility, on-site tattoo artist for the Chad’s, nutritional expert on hand, etc.
And has an endless supply of Chad c~~~ on hand 24/7
And I’m not trying to be funny by posting that.
Honestly, the first thing that occured to me when I thought about a woman having access to $70 billion was the likelyhood that she would have a Chad compound on her estate. Basically keeping them like cattle.
And don’t think that she has not thought of that at any point. Because she has spent the last quarter of a century taking Jeff Bezo’s dick.
So let me see if I understand this correctly: Jeff was worth 14 million dollars at age 29. And then he got married. How much was she worth on their wedding day? The ratio of those two numbers will tell you about who took on the majority share of the risk and expense of starting Amazon.
I seriously doubt he was worth 14 million and she was worth nothing when they launched Amazon. For starters…he didn’t graduate college until 1986 and he quit his job to start Amazon in 1994. Also here is a little Bezos quote I found about his early days at Amazon.
When Amazon first started, it sold only books. Bezos would drive the packages to the post office himself in his 1987 Chevy Blazer. “I thought maybe one day we would be able to afford a forklift,” Bezos tells Charlie Rose in a wide-ranging interview in 2016. “And it is very, it’s very, very different today.”
I woudln’t imagine someone with 14 million wouldn’t be able to afford a forklift. I couldn’t find hard numbers…anyone else got any or 14 million just a number someone randomly kicked out earlier in the thread with no clue as to if its true or not?
She worked as one of the original employees. Did she work for a paycheck? or did she agree to be paid with stock ownership?
If she was paid with a paycheck, then she’s been paid for her contribution each week as she made that contribution. If she agreed to work in exchange for stocks, then she is owed whatever amount of stock is specified in that agreement.
The company didn’t have stock early on as it wasn’t a public company, so she couldn’t exactly work for shares. Additionally, they were married in a community property state, so contractually she was entitled to 50% from the start. Agree or disagree with that legal fact, there was no reason for her to get a contract stating her % ownership when they already had a contract granting her 50% of all marital assets. If she got a paycheck in those early days, Jeff was entitled to 50% of that at the time.
I submit that neither cash or assets should change hands on the basis of marriage, or divorce. If you disagree, but still maintain that both spouses are equal, please explain…
I’d 110% agree with you if Amazon was already an established and growing company before they were married and she never lifted a finger to help the company, but that just isn’t the case here.
Maybe it gets a little fuzzy because a marriage contract was in place and they were business partners. Ultimately though I think there are some lessons learned here for people who are considering marriage, people who are starting a business with partner(s), and people who are starting a business with a spouse…but in this case, unlike a lot of divorce horror stories I hear, I think she’s actually entitled to a significant chunk.
Fact:
He left being a hedge fund manager prior to the age of 30 and had a net worth of $14 million at the time (pre-Amazon)
And his comment about ‘being able to afford a forklift’
I must have more insight into crap like this because I have wealthy friends: But it would not be the first time that a wealthy person attempted (narcissistically) to portray themselves as having made a ‘rags to riches’ rise to success.
And. . . BTW: After he made his first billion dollars with Amazon (that’s billion with a ‘B’) he was still driving a 3 year old Honda Accord. So not being able to ‘afford’ a forklift in the early days of Amazon might run parallel to not being able to ‘afford’ a nicer car than a 3 year old Honda Accord after heade his first $billion with Amazon. It’s really all just perspective mixed with wealthy frugality.
And in closing. Yeah – his biological father bailed when he was young but mommy married a guy that had money. So Bezos did not grow up poor.
But the ‘rags to riches’ crap is something the ultra wealthy like to talk about and spread around because it keeps their wage slaves motivated and believing that they can become successful and wealthy someday too.
And. . .
Not being ‘able to afford a forklift’
I’ve heard it all.
Here are some actual scenarios from wealthy friends of mine. All are worth between $4 – $12 million.
One of them called me last week, totally excited that he found a Chinese restaurant that has items on their lunch menu that are $5.99 and yeah, he orders water to drink when he is there.
Another one when I was at his $1.4 million (paid off) house: Arguing with his landscaper over an extra $75 to prune a group of trees on the south side of his property.
Was banging a trust fund princess at one point. ($3.4 million) She didn’t pay any rent at my house for over a year. I paid for things like vacations for us, etc. And she complained once about having to buy a few utensil things for the kitchen (that I didn’t have). She went to Ikea and left the receipt for $34.72 on the counter so I would see it. And she only paid for dinner out with me once that year. But with a gift card she got for that restaurant from a friend that gave it to her for her birthday.
Another wealthy buddy (inherited most of his rental properties from dad) has tiles falling off the wall around his bathtub, etc but said all of the contractors he had come out are ‘too expensive’ and it’s ‘not in the budget right now’ – He thinks ‘workers’ as he calls them should only charge $15-20 an hour to do custom tile work. He’s white but I called him a n*gger the last time I talked to him.
And I’ve got waaaaaay more tales from the wealthy but frugal, psychologically ill freaks of the world.
He left being a hedge fund manager prior to the age of 30 and had a net worth of $14 million at the time (pre-Amazon)
Do you have a source to verify this? Here is all I could find, which was referenced in the wiki…maybe I’ll look a little harder tomorrow…
https://www.inc.com/business-insider/when-billionaires-made-their-first-million.html
Jeff Bezos: 33
Amazon’s founder and CEO became a self-made millionaire in 1997 at age 33 when Amazon’s IPO raised $54 million. A quick two years later he achieved billionaire status at age 35.
Interesting you are claiming he was worth 14m at 30 while I could only find things claiming he wasn’t a millionaire until later in life, and looking at his employment prior to Amazon, he basically had 8 years to work between graduating college and starting Amazon.
He spent 2 at a failed telecom startup, 2 at a bank, and 4 at D.E. Shaw, a hedge fund. According to wiki…
“Bezos became D. E. Shaw’s fourth senior vice-president at the age of 30.”
So he left within a year of getting this promotion…how much does a senior vice president at D.E. Shaw make? In today’s dollars…they average about 400k a year. I’m sure it was much lower 20 years ago.
https://www.glassdoor.com/Salary/D-E-Shaw-and-Co-Investment-Firm-Salaries-E29290.htm
As far as his 2 years in banking went…he was a product manager…average pay today for a product manager…<100k a year…again, would have been much lower 20 years ago just due to inflation.
https://www1.salary.com/Retail-Banking-Product-Manager-I-salary.html
In today’s dollar…
Two years working for a failed startup…I doubt he made a ton here…
Two years working at a bank making <100k a year.
4 Years at a hedge fund where his highest position he wasn’t in long was probably around 400k a year?
Take a chunk out of that income for taxes, and another chunk to compensate for 25 years worth of inflation…those numbers just don’t add up to 14 million by 30.
The numbers sure really don’t add up. . .
None of it makes sense, right.
Leaving a ‘$400,000’ a year job at a hedge fund to move across the country and spend his days driving a ‘1997 Chevy Blazer’ to the post office everyday.
Unable to ‘afford a forklift’
Walking away from an alleged $400,000 a year salaried position at a hedge fund to start an online book ordering website.
Too broke to buy a forklift. Driving a Chevy Blazer to the post office.
Let me guess. . .
The next story that someone finds will state that he was receiving food stamps during Amazon’s early years. And that Mackenzie had to subsidize their income by stripping a couple of nights a week at the Deja Vu club in Seattle.
Fact:
Retired. Left his hedge fund manager job by the age of 30 with a net worth of $14 million. Which for the late 90’s would have been considered chump change for a hedge fund manager. Maybe even an indication that he was not a very good hedge fund manager.
Oh, but the good ol’ rags to riches story just sounds so good. And if everyone can believe and buy into it long enough, it will keep the wage slaves, worker bees and everyone with little or no net worth right on schedule to clock in again in the morning.
One lone man left a hedge fund manager position where he made $400,000 a year (without having the other $14 million he made) and moves all the way to the other side of the country to run a startup business that apparently could not afford an $8,000 forklift. And he spent his days driving to the post office in a Chevy Blazer, wondering where him and his wife’s next meal would come from. (Without the $14 million he had from his hedge fund days)
Cute story.
One lone man left a hedge fund manager position where he made $400,000 a year (without having the other $14 million he made) and moves all the way to the other side of the country to run a startup business that apparently could not afford an $8,000 forklift. And he spent his days driving to the post office in a Chevy Blazer, wondering where him and his wife’s next meal would come from. (Without the $14 million he had from his hedge fund days)
Cute story.
Understood…I quote articles and facts, and your defense is “cute story.”
If you are so right…please just link me some sources, I’m really curious where you go this 14m number from.
What amuses me most about this divorce are the comments I find elsewhere from marxists suggesting that no one should have that much money in the first place. I always ask them how much one should be able to accumulate, who gets to decide, and that sort of thing. The replies are hilarious.
Do not wait to strike till the iron is hot; but make it hot by striking! -- William Butler Yeats
The lesson learned a long time ago for myself is they are “entitled” to 50%, and whether I like it or not that’s the way it is.
Therefore if anyone is making such a claim (and it is a covert tacit agreement regulated by law) they need to prove their value to me.
If anyone says hey let’s become business partners, you put in all the money and work and whenever I want to call it quits, I’ll get 1/2.
No thanks, how about $10 for a BJ.
The onus is on them to prove they’re worth not only their ongoing costs but 1/2 of my current and future self.
When the war cemeteries are half full of the corpses of dead conscripted women, only then will women have earned the right to speak of equality. Sidecar “A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do.” - Bob Dylan
What amuses me most about this divorce are the comments I find elsewhere from marxists suggesting that no one should have that much money in the first place. I always ask them how much one should be able to accumulate, who gets to decide, and that sort of thing. The replies are hilarious.
The ability to be ‘worth’ $140 billion is only made possible by the fact that the 140 billion ‘dollars’ is not even real and does not exist to begin with.
The creation (and subsequient economic expansion) of fiat money and an increase in it’s supply in circulation by the Federal Reserve in defiance of what the actual supply of existing ‘money’ would be if it had to be linked to something of objective value, by default – creates billionaires where they previously would not have been.
Due to fiat money not being real, the creation of it not following a logical order and it’s supply being over inflated to the point where those that have an excess supply need somewhere to put it, and it winds up in the stock market, and eventually enough of it is used to buy Amazon stock and turning a 16% owner of Amazon into someone that is worth $140 billion.
In closing. Amazon’s annual profits have been between $2.8 – 3.4 billion a year. Not gross revenue, but just the profit.
And indication of how delusional of a world we live in is:
Amazon annual profit, about $3 billion.
Net worth of a guy that owns 16% of Amazon stock, $140 billion
The illusion and smoke & mirrors of ‘the market’ is an amazing thing.
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