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Jeff Bezos

All articles tagged with #jeff bezos

Mackenzie Scott Releases Self-Published Dystopian Tale With a Sex-Driven President
entertainment2 days ago

Mackenzie Scott Releases Self-Published Dystopian Tale With a Sex-Driven President

MacKenzie Scott unveiled the latest entry in her third book, Last Days in Two Nations (A History in Eighteen Minds), a self-published Substack dystopia that centers on a sex-crazed head of state; the project is planned to run about 320 pages and 80,000 words and follows her prior self-published works, underscoring her nontraditional publishing route and liberal philanthropic profile.

Bezos-led consortium takes minority stake in Liverpool FC, with path to majority
business10 days ago

Bezos-led consortium takes minority stake in Liverpool FC, with path to majority

A Bezos-led consortium (1892 Holdings) will buy roughly one-third of Liverpool FC from Fenway Sports Group for about $7.1 billion, with an option to become majority owner at around $8 billion within the next 12 months. Amit Bhatia becomes vice chairman and joins the club’s expanded board, while Bezos won’t sit on the board; representatives from K5 Global and Elaine Saverin will. The investment aims to support Liverpool’s long-term growth with a global, tech-enabled ownership group.

Bezos-led consortium buys minority stake in Liverpool FC, keeping FSG in control
sports11 days ago

Bezos-led consortium buys minority stake in Liverpool FC, keeping FSG in control

Liverpool’s owners Fenway Sports Group have agreed to sell a minority stake of roughly 30–33% to a consortium led by Amit Bhatia, including Jeff Bezos via K5 Sports, plus Eduardo Saverin’s family office and Elaine Saverin; FSG maintain majority ownership and day-to-day control, with Bhatia as vice chairman and Elaine Saverin and Bryan Baum joining the club’s board. Bezos will not sit on the board. The investment signals a strategic partnership aimed at long-term value, not immediate funding for transfers, and does not imply a future majority sale.

Bezos to cash out roughly $4B in Amazon stock as shares surge
business21 days ago

Bezos to cash out roughly $4B in Amazon stock as shares surge

Jeff Bezos filed plans to sell about 15 million Amazon shares worth ~$4.07 billion under a Rule 10b5-1 plan, with Morgan Stanley handling the sale Monday, after Amazon hit a record high on strong quarterly results led by AWS and AI-driven demand. The stock also slipped over 2% in early trading following the filing, and Bezos has regularly sold shares while remaining one of the company's largest holders; he also donated 220,200 shares to nonprofits in May.

Bezos’s Enduring Lesson: Customer Focus Could Delay Amazon’s End
business28 days ago

Bezos’s Enduring Lesson: Customer Focus Could Delay Amazon’s End

Bezos once warned that Amazon could fail someday and argued the key to delaying that outcome is obsessing over customers. The piece ties that 2018 remark to renewed attention on his marriage to Lauren Sánchez, notes that he stepped down as Amazon’s CEO in 2021 (now executive chair) with Andy Jassy running daily operations, and mentions his continued focus on ventures like Blue Origin.

How a 2,000-Mile Road Trip Helped Write Amazon’s Birth Plan
business1 month ago

How a 2,000-Mile Road Trip Helped Write Amazon’s Birth Plan

During a 2,000-mile road trip in 1994, Jeff Bezos drafted Amazon’s first business plan on a laptop in the passenger seat while MacKenzie Scott drove in a borrowed 1988 Chevy Blazer; after leaving D. E. Shaw, the couple settled in Seattle and launched Amazon in 1995 with books as the initial product. Scott helped with early operations, including bookkeeping and shipping contracts, as Bezos’s modest early sales predictions gave way to a global e-commerce and tech empire (including AWS). Bezos remained CEO until 2021, and Scott later became a prominent philanthropist using her Amazon wealth.

Trump’s Melania documentary nets a $10.7 million Amazon licensing payout
entertainment1 month ago

Trump’s Melania documentary nets a $10.7 million Amazon licensing payout

Trump reportedly earned a $10.71 million licensing fee from Amazon MGM for the Melania documentary; Amazon had previously paid about $40 million for Brett Ratner’s film (including $28 million to Melania) and spent roughly $35 million marketing the project, which had brought in about $16.6 million at the box office before streaming. Bezos defended the decision as a wise business move, while Trump’s latest disclosures also reveal other earnings.

Venice Bristles as Fertitta's Coastal Yacht Diplomacy Draws Protests
politics2 months ago

Venice Bristles as Fertitta's Coastal Yacht Diplomacy Draws Protests

Billionaire Tilman Fertitta, Trump’s envoy to Italy, is touring the Italian coast aboard his $450 million Boardwalk superyacht under a banner of “coastal diplomacy,” but Venetians and activist groups are planning protests in Venice over the wealth display during the Festa del Redentore, with comparisons to Bezos’ wedding protests; the trip includes stops along the coast and a Venice visit that could disrupt waterways, while officials say the aim is to strengthen Italy–U.S. ties amid ongoing political tensions with Rome.

Trump Mocked Zuckerberg and Bezos for Groveling Texts, Book Claims
politics2 months ago

Trump Mocked Zuckerberg and Bezos for Groveling Texts, Book Claims

According to The New York Times reporters Maggie Haberman and Jonathan Swan in the book Regime Change, after the 2024 election Donald Trump mocked Mark Zuckerberg and Jeff Bezos for courting him, flaunting their fawning texts to guests. Zuckerberg reportedly sent a photo of a letter from his child praising a “golden age of America,” while Bezos disparaged The Washington Post during a Mar-a-Lago dinner and later pitched a Blue Origin/SpaceX contract angle that Trump did not pursue. The episodes show Silicon Valley’s scramble for favor and Trump’s gleeful ridicule, with Elon Musk reacting approvingly and other tech leaders also meeting with him.

Bezos tells Trump Washington Post was his worst investment before a sweeping newsroom purge
politics2 months ago

Bezos tells Trump Washington Post was his worst investment before a sweeping newsroom purge

Bezos reportedly told Donald Trump that the Washington Post was his worst investment, calling its staff 'terrible' and saying they don't listen, per excerpts from a forthcoming book. About two months later he ordered a sweeping downsizing at the Post, cutting roughly a third of its newsroom, including photographers and the sports section, as the paper embraced a new editorial stance built on personal liberties and free markets.