Jeff Bezos

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The World's Richest Had a Very Good Post-Election Day

Elon Musk, Jeff Bezos, Larry Ellison saw windfalls in the billions after Trump was elected

(Newser) - Wednesday was a very good day for Donald Trump, who learned in its wee hours that he had secured himself a second term in the White House, but it was also a happy day for planet Earth's richest dudes as the stock market surged . Quartz takes a look around...

Op-Ed: Bezos Is Compromised. He Needs to Give the Post Away

Steven Waldman suggests Washington Post owner should donate the paper to a charity or trust

(Newser) - Jeff Bezos' decision to quash a Kamala Harris endorsement from the Washington Post editorial board had nothing to do with restoring trust in the media , writes Steven Waldman at the Columbia Journalism Review . In truth, Bezos' companies have "so much riding on the decisions of the federal government" and...

Bezos Pens 909-Word Defense of WaPo Decision

Meanwhile, newspaper loses 200K subscribers after stopping endorsements, per report

(Newser) - Washington Post owner Jeff Bezos defended his decision to block the newspaper from endorsing a presidential candidate, via a 909-word op-ed published in the Post . In Bezos' view, most people today believe the media to be biased, and endorsements aren't helping. He says polls show the public now trusts...

Zuckerberg Steals a Title From Jeff Bezos

Facebook founder is now the world's second-richest person after Elon Musk

(Newser) - Elon Musk leads the Bloomberg Billionaires Index with at least $50 billion more than those behind him. That means that, for now, the title of world's richest person is out of grasp for Meta CEO Mark Zuckerberg. Second place, however, is all his. For the first time, the Facebook...

Jeff Bezos Writes Amazon Review for Fiancee's Book

Not surprisingly, he gives it all 5 stars

(Newser) - Jeff Bezos has only reviewed nine products on Amazon.com, the website he founded, but he doled out one of those rare reviews for his fiancee . Lauren Sanchez's children's book, The Fly Who Flew to Space, was released earlier this month, and on Wednesday, Bezos gave it a...

He Learned Jeff Bezos Bought His House, and Sued
He Sued After Learning
Bezos Bought His Miami Home
in case you missed it
Sep 15, 2024 7:29 AM CDT

He Sued After Learning Bezos Bought His Miami Home

WSJ reports Leo Kryss says he wouldn't have budged on price had he known

(Newser) - Late last year, Jeff Bezos announced he was quitting Seattle and moving to a place where he lived as a teen: Miami. To facilitate the move, he scooped up some substantial property in the city's Indian Creek Village: $68 million for the first place, then $79 million for the...

Stock Slide Hits Jeff Bezos the Hardest

Amazon founder lost $8B in a single day

(Newser) - When you have unimaginable wealth, a market plunge like Monday's takes a toll on the bank account that is hard to fathom for mere financial mortals. Amazon's Jeff Bezos got hit the hardest in the global rout, reports Quartz , but others shared his pain. Forbes rounds up the...

New WaPo Publisher Was Part of 'Operation Save Big Dog'

Sources say Will Lewis, allies tried to save Boris Johnson's premiership; Jeff Bezos also weighs in

(Newser) - Commotion at the Washington Post over its new publisher continues. Sources now say that Will Lewis suggested to former UK Prime Minister Boris Johnson and other bigwigs at 10 Downing Street that they "clean up" their phones as those officials were investigated for the "Partygate" scandal during...

Poor Elon Musk Is No Longer the World's Richest Guy

Jeff Bezos, who hasn't held the top spot since 2021, is back

(Newser) - Jeff Bezos has taken back the top spot on the list of the world's wealthiest people. The Amazon founder and his $200 billion net worth on Monday surpassed Elon Musk, whose net worth was $2 billion less, reports the Wall Street Journal , citing the latest rankings from the Bloomberg...

Moving to Florida Has Saved Bezos a Lot of Money

He's selling a lot of stock, and he won't have to pay Washington state's capital gains tax

(Newser) - Jeff Bezos has moved to Miami after almost 30 years in Seattle, and it's going to save America's second-richest resident more than $600 million. The Amazon founder recently sold almost 12 million Amazon shares worth around $2 billion and has filed a plan with the SEC to sell...

Musk, Bezos Agree: We Need More People

Jeff Bezos puts ideal human population at a trillion

(Newser) - Carrying his young son onstage to illustrate his point, Elon Musk on Saturday urged the people of industrialized nations to have more children. Immigration alone can't counteract the population declines that Musk said threaten economics. Without demographic changes, he said, "the culture of Italy, Japan and France will...

12 Richest People Cause More Pollution Than 2M Homes

New Oxfam report points the finger at the 1% for more carbon emissions than poorest 2/3 of world

(Newser) - If you're feeling guilty that you haven't yet bought an EV or installed solar panels on your roof to cut down on your portion of greenhouse gases, you're (somewhat) off the hook—you can blame the 1% for a lot of that pollution. A new Oxfam International...

After 3 Decades, a Big Move for Bezos

Amazon founder is pulling up stakes and relocating from Seattle, where he's lived since 1994, to Miami

(Newser) - Hear "Miami," and thoughts of palm trees, Cuban food, and art deco architecture all come to mind. Now, add Jeff Bezos to that list: The Amazon founder announced this week that he's moving to the South Florida city and ditching Seattle after almost 30 years, reports the...

Feds, States Bring Huge Monopoly Suit Against Amazon

FTC, 17 states say Jeff Bezos' company is an illegal operation

(Newser) - The Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers, and stifle competition. The lawsuit, filed in US District Court for the Western District of...

Report: Jeff Bezos Has Popped the Question

Longtime love Lauren Sanchez spotted with an apparent engagement ring amid media reports

(Newser) - Last week, the big news on Jeff Bezos was that he was spotted on his new $500 million, 417-foot superyacht, said to be the longest sailing yacht on Earth. This week, even bigger news, at least if you're a romantic: The Amazon founder is said to be engaged to...

Bezos' Blue Origin Gets $3.4B NASA Contract to Build Moon Lander

2 years after losing out to SpaceX

(Newser) - Jeff Bezos' rocket company has won a NASA contract to land astronauts on the moon, two years after it lost out to SpaceX, the AP reports. Blue Origin received a $3.4 billion contract Friday to lead a team to develop a lunar lander named Blue Moon. It will be...

Seattle Band, Team Disagree on Reason for Cancellations

Musicians say it was the lyrics knocking Bezos, while Kraken blames drinking

(Newser) - A Seattle band says singing about Jeff Bezos being "a total jerk" ended the group's three-game residency early at the city's NHL arena, for which Amazon owns the naming rights. The Kraken suggested the group's drinking and unprofessional behavior were the problem, the Seattle Times reports,...

I Tried and Failed to Get Jeff Bezos to Save My Hometown

At least entrepreneur Justin Vandehey learned some valuable lessons

(Newser) - Jeff Bezos will not save the paper mill and—by extension—the local economy in the town of Wisconsin Rapids, but at least he considered the idea thanks to entrepreneur Justin Vandehey. Writing for Entrepreneur , Vandehey explains he has some credibility in the tech startup arena but no experience with...

Bezos' Ex Is Already Doing This. Now He Is, Too

After much criticism, Amazon founder says he plans on giving away most of his fortune in his lifetime

(Newser) - If it wasn't clear what Jeff Bezos plans to eventually do with his amassed wealth, he's just offered some clarification. He's going to give away most of his $124 billion before he dies, he tells CNN , which notes this is the first time the Amazon founder has...

Amazon Is First Company to Lose $1T in Market Value

Share price has fallen almost 50% this year

(Newser) - Just over four years ago, Amazon became the second US company to reach a $1 trillion valuation, weeks after Apple hit the same milestone. The e-commerce giant has now reached a more unwelcome milestone, becoming the first company in the world to lose $1 trillion in value, Bloomberg reports. Amazon'...

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