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Amazon CEO Jeff Bezos Sells $3 Billion Worth Of Company Shares

Amazon CEO Jeff Bezos Sells $3 Billion Worth Of Company Shares

Amazon CEO Jeff Bezos has sold nearly 2 percent of his share in the company after it increased 75 percent in value in 2020. According to Forbes, after taxes, Bezos is estimated to make $2.3 billion after selling the stock on Monday, November 2 and Tuesday, November 3. Market Watch reported that recent filings with […]

3y ago

Jeff Bezos Is Reportedly Looking To Buy CNN

Jeff Bezos Is Reportedly Looking To Buy CNN

Fox Business correspondent Charles Gasparino reported on Tuesday that the founder and CEO of Amazon, Jeff Bezos, is looking to buy CNN, per Mediaite. According to Gasparino, it is being speculated on Wall Street that the billionaire business magnate, who also owns The Washington Post, has expressed interest in buying the network. Gasparino said that […]

3y ago

Amazon Is Rumored To Be Ditching Seattle Due To ‘Insane Taxes’

Amazon Is Rumored To Be Ditching Seattle Due To ‘Insane Taxes’

Amazon has always been headquartered in or around the northwestern city of Seattle, but rumor has it the online shopping behemoth might soon abandon its hometown. According to My Northwest, Amazon is putting out “feelers” to begin expanding the company outside of Seattle, with the ultimate goal of leaving the Emerald City altogether. The rumors […]

3y ago

Amazon CEO Jeff Bezos Will Soon Appear Before Congress For The First Time

Amazon CEO Jeff Bezos Will Soon Appear Before Congress For The First Time

Amazon CEO Jeff Bezos, who has been hailed as the wealthiest man on the planet, has agreed to appear before a House committee sometime this summer to answer questions regarding an antitrust investigation. Bezos’ appearance would mark the first time that the billionaire has appeared before Congress. According to The New York Times, it is […]

3y ago

Michael Sanchez Reportedly Wants A Front-Page ‘Washington Post’ Apology From Jeff Bezos After Photo Scandal

Michael Sanchez Reportedly Wants A Front-Page ‘Washington Post’ Apology From Jeff Bezos After Photo Scandal

Michael Sanchez, brother of actress Lauren Sanchez, has requested a very public apology from Jeff Bezos, CEO of Amazon, a source told the Daily Mail on Saturday. The couple had accused Sanchez of leaking their private photos to The National Enquirer in exchange for $200,000 in 2019. Sanchez had not spoken publicly on the matter […]

3y ago

Jeff Bezos Expresses Support For Black Lives Matter Movement In Letter To Amazon Customer

Jeff Bezos Expresses Support For Black Lives Matter Movement In Letter To Amazon Customer

Amazon founder Jeff Bezos expressed support for the Black Lives Matter movement in the most recent post on his Instagram page. In the two-image upload, Bezos shared a letter that he claimed was sent by a customer who was upset about a banner on the site that said “Black Lives Matter.” The purported letter writer […]

3y ago

Amazon Founder Jeff Bezos On Pace To Become World’s First Trillionaire In The Next Few Years, Analysis Says

Amazon Founder Jeff Bezos On Pace To Become World’s First Trillionaire In The Next Few Years, Analysis Says

Amazon founder Jeff Bezos is already the richest man on earth. Now, a new analysis has shown he will soon become the first trillionaire in global history. Research from the payroll service company Comparisun showed that Bezos is on pace to cross that mark within the decade. The report noted that there are already three […]

3y ago

CEO Jeff Bezos Is Richer By $13.2 Billion Following Amazon’s Positive Quarterly Earnings Report

CEO Jeff Bezos Is Richer By $13.2 Billion Following Amazon’s Positive Quarterly Earnings Report

Following Amazon‘s final quarterly earnings report for 2019 — in which the company told investors it managed to achieve $87.4 billion in revenue — its shares jumped by 11 percent. Apart from pushing the retailer’s market capitalization above the $1 trillion mark, the surge in its shares also led to a massive increase in the […]

4y ago

Bernie Sanders Wants To Break Up Amazon, But His Campaign Leads Field In Amazon Spending Through September

Bernie Sanders Wants To Break Up Amazon, But His Campaign Leads Field In Amazon Spending Through September

Vermont Sen. Bernie Sanders has made attacks on giant online retailer Amazon a key feature of his campaign, even threatening to “break up” the massive corporation, as Politico has reported. But according to a new report, Sanders’ own campaign is Amazon’s best customer, among the current field of presidential candidates. The Washington Post on Sunday […]

4y ago

NFL Rumors: Billionaire Jeff Bezos Wants To Buy A Team, Washington Redskins Could Be A Target

NFL Rumors: Billionaire Jeff Bezos Wants To Buy A Team, Washington Redskins Could Be A Target

Amazon founder Jeff Bezos wants to buy an NFL team, and the Washington Redskins could be a potential target, a new report claims. CBS Sports reported on Sunday that the billionaire, who already owns The Washington Post, has become close with a number of current NFL owners and is gaining their support in what could […]

4y ago

Amazon Founder Jeff Bezos Would Pay $7 Billion Under Elizabeth Warren’s Medicare For All Tax Plan

Amazon Founder Jeff Bezos Would Pay $7 Billion Under Elizabeth Warren’s Medicare For All Tax Plan

Jeff Bezos will be getting a hefty tax bill if Elizabeth Warren gets her way. The Massachusetts Senator on Friday released a detailed plan for how she would pay for her Medicare for All proposal, a sweeping health care plan that her team of economists said will cost about $20 trillion over the next decade. […]

4y ago

Andrew Yang Calls Out Jeff Bezos During ‘Washington Post’ Interview

Andrew Yang Calls Out Jeff Bezos During ‘Washington Post’ Interview

Democratic presidential candidate Andrew Yang recently spoke to Robert Costa for a Washington Post Live interview as a guest in the publication’s 2020 candidate series. He spoke about his signature proposal of a universal basic income (UBI) of $1,000 monthly for every American citizen, which he believes can be funded by taxing the big technology […]

4y ago

As Donald Trump Attacks Amazon, Navy Begins $100 Million Move Of Military Data To Amazon Web Services Cloud

As Donald Trump Attacks Amazon, Navy Begins $100 Million Move Of Military Data To Amazon Web Services Cloud

Three weeks after Donald Trump ordered a $10 billion contract expected to be awarded to Amazon by the Pentagon to be “reexamined,” according to The Washington Post, the United States Navy took a first step toward moving its sensitive military data onto the Amazon Web Services cloud computing system. This comes amid reports of an […]

4y ago

Bernie Sanders’ Notion Of ‘Washington Post’ Media Bias Called A ‘Conspiracy Theory’ By Editor Marty Baron

Bernie Sanders’ Notion Of ‘Washington Post’ Media Bias Called A ‘Conspiracy Theory’ By Editor Marty Baron

Bernie Sanders took aim at The Washington Post on Monday, criticizing its coverage of his presidential run, but the newspaper isn’t taking the insult lying down. Editor Marty Baron responded to the senator’s accusations, calling his attacks a “conspiracy theory.” According to CNN, the independent senator from Vermont was speaking in Wolfeboro, New Hampshire as […]

4y ago

Jeff Bezos Finally Met Girlfriend Lauren Sanchez’s Oldest Son, According To Reports

Jeff Bezos Finally Met Girlfriend Lauren Sanchez’s Oldest Son, According To Reports

Jeff Bezos and Lauren Sanchez just made another milestone in their relationship. The world’s richest man finally met the oldest son of girlfriend Lauren Sanchez, according to Page Six. The pair met on Wednesday in New York City, according to reports. Bezos has recently dropped $80 million on three apartments off of Madison Square Park […]

4y ago

Mackenzie Bezos Gets Dating Proposals After Divorce From Jeff Is Finalized

Mackenzie Bezos Gets Dating Proposals After Divorce From Jeff Is Finalized

The divorce between the world’s richest man, Amazon founder Jeff Bezos, and his former wife Mackenzie, became final this week when a judge signed the formal order, per Bloomberg News. The Bezos split, which was first announced in January, will result in 19.7 million shares of Amazon stock, valued at $38.3 billion, being transferred to […]

4y ago

Amazon Executive Fires Back at John Oliver In Defense Of Company’s Working Conditions

Amazon Executive Fires Back at John Oliver In Defense Of Company’s Working Conditions

An executive at Amazon, the company known for its two-day shipping, fired back at late night host John Oliver on Monday after he slammed Amazon’s “brutal” working conditions, Business Insider reported. During an episode of Oliver’s weekly HBO show, Last Week Tonight, Oliver aired a 20-minute segment in which he said the convenience of using […]

4y ago

Alexandria Ocasio-Cortez Called Out By Amazon Over ‘Starvation Wages’ Comment: ‘AOC Is Just Wrong’

Alexandria Ocasio-Cortez Called Out By Amazon Over ‘Starvation Wages’ Comment: ‘AOC Is Just Wrong’

Internet shopping behemoth Amazon recently called out freshman congresswoman Alexandria Ocasio-Cortez on Twitter — defending their salaries despite the political firebrand deeming them “starvation wages.” According to Fox Business, the feud between the young congresswoman and the internet giant started after the Bronx native slammed the company’s low wages and limited healthcare options when she […]

4y ago

MacKenzie Bezos Is Giving Away Half Of Her Fortune To Charity

MacKenzie Bezos Is Giving Away Half Of Her Fortune To Charity

MacKenzie Bezos may have made headlines last spring for her divorce from Amazon CEO Jeff Bezos, but she is in the spotlight once more — this time, for an entirely different reason. Forbes is reporting that the world’s third richest woman has pledged to give away half of her estimated $36 billion fortune, the majority […]

4y ago

Vladimir Putin Has A Net Worth As High As $160 Billion, Making Him Richer Than Jeff Bezos, New Book Reveals

Vladimir Putin Has A Net Worth As High As $160 Billion, Making Him Richer Than Jeff Bezos, New Book Reveals

Donald Trump, during his 2016 presidential campaign, claimed that his net worth was about $10 billion, according to Money Magazine. But recent revelations have shown that Trump is likely worth far less than that. In fact, according to a New York Times investigation, Trump’s businesses have lost staggering amounts of cash — including losses of […]

5y ago

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