Amazon.com founder Jeff Bezos has agreed to hand over US$38 billion of his fortune in a divorce settlement with MacKenzie Bezos, his wife of 25 years

Amazon informed regulators four percent of its outstanding stock, or 19.7 million shares, would be registered to MacKenzie Bezos after court approval of the divorce.

The couple announced their plan to divorce in January.

Jeff Bezos retains a 12 percent stake in the company worth $114.8 billion and remains the world’s richest person.

MacKenzie Bezos is set to give her ex-husband voting control of her shares.