Jeff Bezos buys $80M private jet that flies near speed of sound
Jeff Bezos has reportedly purchased his fourth private jet, and it’s for a whopping $80 million. The billionaire Amazon founder last month purchased a Gulfstream G700, a luxury business jet manufactured by Gulfstream Aerospace and considered one of the world’s largest and most advanced private jets. According to Business Insider. The G700 is said to […]
Jeff Bezos loses $23B as Wall Street meltdown slams world’s richest people
The wealth of the world’s rich fell slightly following Monday’s Wall Street crash. Amazon founder Jeff Bezos, the second-richest person on Forbes’ list behind Elon Musk, suffered the biggest loss since the crash began on Friday, with his net worth falling by $23 billion. On Monday, the combined fortunes of the 10 people on Forbes […]
Shari Redstone flashes Amex gold card, Jeff Bezos brings Lauren Sanchez to ‘summer camp for billionaires’ in Sun Valley
Shari Redstone, Barry Diller, Jeff Bezos and his fiancée Lauren Sanchez were among those stirring up buzz at Allen & Company’s Billionaires Summer Camp, which kicked off in Sun Valley, Idaho, on Wednesday. Redstone’s deal to merge Paramount with David Ellison’s Skydance Media was a big talking point as business heavyweights gathered for the first […]
Jeff Bezos Saves $1 Billion in Taxes by Moving to Florida
Amazon founder Jeff Bezos recently relocated to Miami, Florida, to avoid Washington state’s state capital gains tax and save nearly $1 billion in taxes on recent stock sales. CNBC Reports Amazon founder and billionaire Jeff Bezos is once again in the spotlight not only for a massive stock sale, but also for the significant tax […]
Why is Jeff Bezos launching another lawfare attack on SpaceX?
Elon Musk’s SpaceX is doing well as the company prepares for the fifth test flight of its Starship. Mechazilla’s arm gets caught The first stage of Super Heavy will be lowered and made to soft-land. SpaceX has signed a contract worth nearly $1 billion. Drop the International Space Station Safely into the sea. Bloomberg reports […]
Jeff Bezos to save nearly $1B in capital gains taxes by not living in Washington
(The Center Square) – Amazon founder Jeff Bezos has filed a notice with the U.S. Securities and Exchange Commission to sell 25 million of the company’s shares currently worth about $5 billion. In November, the word’s second richest man announced he was leaving Seattle after nearly 30 years of living in the area to move […]
Jeff Bezos to sell $5B worth of Amazon shares as stock hits all-time high
Amazon founder Jeff Bezos plans to sell about $5 billion worth of shares in the e-commerce giant after the company’s shares hit an all-time high, according to a regulatory filing. The proposed sale of 25 million shares was disclosed in a notice filed after trading hours on Tuesday, during which the company’s shares hit an […]
Jeff Bezos to sell $5 billion in Amazon stock after shares hit all-time high
Mike Murphy, founder and managing partner at Rosecliff, will share his insights on the stock after trading opens on Tuesday. Amazon founder Jeff Bezos said on Tuesday he plans to sell about $5 billion worth of stock in the company, the same day the e-commerce giant’s shares hit an all-time high. Bezos disclosed his plans […]
Jeff Bezos sends Washington Post staffers unwelcome message after they complain about their white male leaders
Washington Post owner Jeff Bezos has no intention of succumbing to the angry mob in his newsroom. At a staff meeting held after Sally Buzbee abruptly resigned as editor-in-chief of The Washington Post earlier this month, CEO and Publisher Will Lewis told disgruntled staff that the paper needed to embrace a new vision and a […]
Bezos backs new Washington Post editor in wake of staff backlash
Jeff Bezos is standing by The Washington Post amid growing internal backlash over the hiring of two people: its new CEO and his choice of editor-in-chief. Bezos, the billionaire tech mogul who has owned The Washington Post since 2013, expressed his support for CEO Will Lewis and his strategy to lead the paper into the […]