Billionaires have always made the headlines, but this time, it is the billion-dollar prenup. The upcoming marriage of Amazon founder Jeff Bezos and former news anchor Lauren Sánchez will be the talk of the town when it happens. With wide posters and center fold articles, it will grab all the attention.
Both Bezos and Sanchez have been living a lavish lifestyle that is a source of envy for many. Their lives shine with wealth, privilege and prestige only few can ever achieve. This has obviously led to the public interest in their affairs and activities.
There has been gossip about a high-profile guest list and a private but not secret European venue. With these rumors and gossip, the wedding is expected to be one of the most talked about events of the year.
Jeff Bezos proposed to his future wife aboard his $500 million superyacht in the French Riviera during the summer of 2023. This extravagant setting was all the hint anyone needed to understand how affluent and luxurious their wedding was going to be. Photos of the proposal and the vessel’s opulence quickly made headlines. These fueled the speculation that the wedding itself would be an equally lavish affair.
Jeff Bezos engages long-time girlfriend, Lauren Sánchez, on his $500million superyacht with a huge diamond ring pic.twitter.com/D7nTR4Lg3y
— YabaLeftOnline (@yabaleftonline) May 23, 2023
Marriage is not just two people swearing to spend their lives together, but it is a social contract. There is a lot of money and property involved. So, of course, when one of the richest men in the world prepares for marriage, he comes at it like a business.
In preparation for their marriage, Bezos and Sánchez have reportedly crafted a detailed prenuptial agreement. This legal framework is designed to manage and protect their substantial individual and joint assets. It reflects a pragmatic and businesslike approach to matrimony, something that is highly advised these days. There are many high-profile couples who prefer getting a prenup.
59-Year-Old #JeffBezos will sign #Prenup agreement before his second marriage to protect his $138 billion fortune
▪️Jeff’s divorce with first wife MacKenzie Scott in 2019 cost him $38 billion
▪️Bezos and his girlfriend Lauren Sanchez are looking to secure their assets through… pic.twitter.com/yoHrhNbc8b— Voice For Men India (@voiceformenind) May 31, 2023
Legal expert Dain Dreyer outlines several components likely to be included in such agreements. Many of which appear to feature in Bezos and Sánchez’s prenup:
Full Separation of Property: Bezos’s holdings, including Amazon, Blue Origin, and The Washington Post, are expected to remain his sole property.
Limitations on Spousal Support: Reports suggest a lump-sum payout system, potentially $1 million per year of marriage.
Business Protections: The agreement ensures that Bezos’s and Sánchez’s respective business interests, such as her company Black Ops Aviation, remain intact and individually controlled.
Confidentiality Clauses: A stringent confidentiality agreement is likely in place. This is to prevent either party from disclosing personal or financial details publicly.
Provisions for Joint Assets: Assets acquired during the marriage, such as shared residences or philanthropic ventures like the Bezos Earth Fund, are subject to clearly defined terms of ownership and management.
World’s richest man Jeff Bezos finalises divorce. Wife MacKenzie Bezos gets $36 Billion Amazon stocks, loses interests in Washington Post and Blue Origin. pic.twitter.com/Yi9y5sHiQ0
— Sir Jadeja fan (@SirJadeja) April 4, 2019
Jeff Bezos’s 2019 divorce from MacKenzie Scott is a lesson hard learned by the CEO of Amazon. The absence of a prenuptial agreement in that marriage led to one of the most expensive divorces in history. After the divorce was finalized, MacKenzie Scott walked away with $38 billion.
This experience has likely influenced Bezos’s cautious and structured approach this time around. He clearly aims to prevent similar financial complications and emotional stress. And experts suggest that prenup agreements must be completed 6 months prior to the wedding.
This gives enough time for revision, under the terms and also avoids any claims of coercion. Both Bezos and Sánchez have reportedly followed this timeline carefully.
