Amazon’s market value surpassed $2tn last month [Getty Images] Amazon founder Jeff Bezos says he will sell another 25 million shares in the technology giant, worth nearly $5bn (£3.9bn). It comes after the company’s stock market value hit a record high on Wednesday. In February, he announced that he would sell Amazon shares worth around […]
Tag: Bezos
Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high
(Reuters) – Amazon founder and executive chair Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a record high. The proposed sale of 25 million shares was disclosed in a notice filed after market hours on Tuesday. The stock had […]
Bezos to Sell $5 Billion of Amazon as Shares Hit Record High
(Bloomberg) — Jeff Bezos disclosed a plan to unload 25 million additional shares of Amazon.com Inc. worth $5 billion on the day the stock hit a fresh record. Most Read from Bloomberg The notice was filed after the market closed Tuesday, though sales could also take place as early as that day, according to the […]
See how different Elon Musk, Jeff Bezos, and other tech CEOs looked when they first started their companies
Some of Silicon Valley’s biggest names are in their tech bro era. It wasn’t always like this — many Big Tech CEOs have shed more nerdy personas from their startup days. Here’s a look at tech’s most influential executives then and now. Mark Zuckerberg isn’t the only tech CEO whose style has noticeably evolved over […]
It Costs $25 Million A Year To Keep Jeff Bezos’ $500 Million Luxury Superyacht Afloat — But He Earns That In Just 3 Hours
Jeff Bezos, the founder of Amazon, has made headlines for his business ventures and extravagant lifestyle. One of the most notable symbols of his wealth is his superyacht, Koru, which costs around $500 million. This 417-foot luxury sailing yacht, built by Oceanco, features three towering masts and is the tallest sailing yacht in the world. […]
Elon Musk is reigniting his space feud with Jeff Bezos: ‘Sue Origin’
Space barons Elon Musk and Jeff Bezos have long had competing ambitions to take over the skies. Bezos’ Blue Origin recently proposed a cap on SpaceX’s launches due to environmental concerns. Musk slammed the move and gave the company a new moniker: “Sue Origin.” Jeff Bezos’ rocket company, Blue Origin, thinks the FAA should cap SpaceX’s […]
Jeff Bezos’ Blue Origin could soon launch Nigeria’s 1st-ever space tourist
A Nigerian could soon make it to space for the first time ever, via Jeff Bezos’ aerospace company Blue Origin. The Space Exploration and Research Agency (SERA), a U.S. for-profit company, has guaranteed that one of the six seats for an upcoming flight of Blue Origin’s New Shepard suborbital vehicle will go to a Nigerian, […]
For Jeff Bezos, Work-Life Balance Is ‘Debilitating’ But Also Doesn’t Want To Be The Guy Who ‘Drains All The Energy Out Of The Room’
For Jeff Bezos, Work-Life Balance Is ‘Debilitating’ But Also Doesn’t Want To Be The Guy Who ‘Drains All The Energy Out Of The Room’ Work-life balance. For some, it’s very important, but Jeff Bezos, the second richest person in the world, has a different perspective. In an interview with Axel Springer CEO Mathias Döpfner, Bezos […]
Whole Foods Founder Hails Bezos As ‘Retail Genius’
From ‘Whole Paycheck’ To Whole New Strategy: Whole Foods Founder Hails Bezos As ‘Retail Genius’ Whole Foods founder John Mackey has praised Amazon founder Jeff Bezos for his strategy, making the supermarket chain even more successful. He has also called him a “retail genius.” Here’s what went down. Don’t Miss: Before Bezos and Amazon acquired […]
Jeff Bezos’ Ex-wife MacKenzie Scott Is Going Viral for Using Part of Her Fortune to Help Black Maternal Health
After divorcing Jeff Bezos in 2019, MacKenzie Scott has been showing everyone that you can and should donate to important causes, especially when you have money out of the wazoo. This time, her latest donation is going viral on X, the social media app formerly known as Twitter. Recently, Scott donated a $2 million grant […]
Jeff Bezos owns a $10 million Swiss private jet. See inside the Pilatus PC-24 with its unusual toilet in the galley.
Jeff Bezos owns three private jets worth $140 million in total, per JetSpy data. That includes a Pilatus PC-24, which the Swiss company calls “the world’s only super versatile jet.” It can seat up to 10 people and uniquely has a toilet in the galley to save space. Just like Elon Musk and Bill Gates, Jeff […]
A Parachute Failed to Deploy During Jeff Bezos’ Space Tourism Comeback Mission
Blue Origin, the company founded by Amazon billionaire Jeff Bezos, has launched an investigation following an incident during its first crewed flight in two years, in which one of the parachutes on the New Shepard capsule failed to fully inflate. The company’s New Shepard rocket launched on May 19 carrying a six-person crew to suborbital […]