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15-10-2020
Business

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Mackenzie Bezos, the ex-wife of founder Jeff Bezos, owns a large number of Amazon's shares. Using the Bloomberg quote data in 6.4, what is the market value of Mrs. Bezos Amazon holdings

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Parrain Parrain

15-10-2020

Answer: $48.26 billion

Explanation:

Mackenzie Bezos holdings will be the percentage of the shares she owns times the total Market Capitalization of Amazon.

Total Market Cap = $1,215.5 B

Mackenzie owns 3.97% of Amazon.

= 1,215.5 * 3.97%

= $48.26 billion

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