Amazon CEO Jeff Bezos and wife MacKenzie are divorcing

Amazon CEO Jeff Bezos and his wife, MacKenzie, are divorcing.

The billionaire executive announced the news Wednesday in a tweet signed by both of them. Jeff Bezos, 54, and MacKenzie Bezos, 48, had been married 25 years.

“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,” the tweeted statement says.

The couple last year launched a charitable fund together, dubbed the Day One Fund. The statement Wednesday suggests they will continue to work together on that effort.

“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,” the tweet says.

MacKenzie Bezos, a novelist, is often cited in the Amazon origin story as having supported Jeff Bezos’ move off of Wall Street and into e-commerce.

Shares of Amazon dipped slightly immediately following the announcement and were trading roughly 1 percent lower mid-morning.

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