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The Latest Breaking News from Jeff Bezos

Bezos’s ex-wife MacKenzie Scott cuts her Amazon stake by almost half

MacKenzie Scott donated more than $2 billion last year through her charity, Yield Giving

The Independent UK

MacKenzie Scott has cut her stake in Amazon by 42%—worth nearly $13 billion—as the billionaire casually donates over $110 million to DEI causes

After the billionaire philanthropist Mackenzie Scott ended up with about 4% of Amazon, she’s given away $19 billion over the past five years, with over $100 million to DEI causes in the past few months.

Fortune

Jeff Bezos Ex-Wife Trims Amazon Stake by 42% Worth $12.5B; Still Richer Than When She Inherited Them in 2019

MacKenzie Scott offloaded 42% of her Amazon holdings, or 58 million shares, over the past year, worth about $12.5 billion, marking the largest share reduction since her divorce from Amazon founder Jeff Bezos in 2019.

International Business Times UK

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Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success

Jeff Bezos hates the word ‘balance’—and he’s not alone. Reid Hoffman says chasing it means you’re not serious about winning, while other billionaire CEOs argue it’s incompatible with success.

Fortune

Jeff Bezos’ Billion-Dollar Life: A Look at His Most Expensive Investments in Art

Billionaire Jeff Bezos has used his wealth to adorn his walls with museum-quality art. Here are three seriously expensive pieces he is rumored to own.

GOBankingRates

Amazon founder Jeff Bezos says ‘millions of people’ will be living in space by 2045—and robots will commute on our behalf to the moon

No one enjoys the dreaded commute to work, and by 2045, Amazon founder Jeff Bezos predicts we’ll have robots to do that for us. After all, in his vision we’ll be venturing to other planets for our 9-to-5's.

Fortune

William Shatner Slams 'Death Hoax' But Pals Fear He's 'Liable to Crash and Burn'

William Shatner has dismissed an online death hoax as 'nonsense,' but friends say the 93-year-old Star Trek legend's health is fragile, with some fearing he's 'liable to crash and burn.'

International Business Times UK

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Elon Musk, Mark Zuckerberg, Jeff Bezos Gain Billions As S&P 500, Nasdaq Rally Adds $60 Billion To Top 10 Billionaires' Wealth

The world's ten richest people gained nearly a combined $60 billion on Monday as global markets rebounded hopes of easing trade tensions between the United States and China.

Benzinga

Jeff Bezos warns Gen Z to think twice before dropping out of college like Bill Gates or Mark Zuckerberg: 'These people are the exception'

The billionaire Amazon founder advises Gen Z to finish college and climb the corporate ladder—like he did. “I started Amazon when I was 30, not when I was 20," Jeff Bezos warned.

Fortune

When will the AI bubble burst? As OpenAI signs yet another megabucks deal with Broadcom, can anyone make sense of the trillions of dollars involved?

A hundred billion here, a hundred billion there, pretty soon you're talking about real money.

PC Gamer

Peter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away ‘to left-wing nonprofits’

"What am I supposed to do—give it to my children?" Musk responded, as Thiel recounted. "You know, it would be much worse to give it to Bill Gates."

Fortune

Lauren Sánchez Throwback Young Photos Compared To Today Will Leave You Speechless

See Lauren Sánchez transformation before surgery! Photos from her early days as a TV news anchor in Los Angeles to red carpet evolution with Jeff Bezos.

Bored Panda

The Billionaire Behind ChatGPT Is Selling His Home for a Staggering $49 Million: Here’s an Inside Look

OpenAI billionaire Sam Altman is selling his Hawaiian home for $49 million -- a staggering sum to the average person, but pocket change for billionaires.

GOBankingRates

Jeff Bezos Was Once Told By An Amazon Executive That He Had Enough Ideas To 'Destroy' The Company: Here's How He Reacted

Jeff Bezos says one of the best decisions he made while building Amazon.com Inc. (NASDAQ:AMZN) was to hire people smarter than him and treat them like tutors.

Benzinga

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Fortune

‘Psychology of Money’ author Morgan Housel follows the same morbid success measure as Warren Buffett—a “reverse obituary”

The behavioral finance known for his bestseller The Psychology of Money, unveils the psychology behind spending.

Benzinga

Bezos Encourages Young Entrepreneurs To Work Before Launching Startups: 'I Always Advise Young People To Learn the Fundamentals'

Amazon founder Jeff Bezos has shared some words of wisdom for budding entrepreneurs. Bezos advised young business enthusiasts to first gain experience by working in a successful company before setting up their own enterprises.

Benzinga

Elon Musk Says 'We're Toast' If AI And Robots Don't Come To The Rescue —'The Government Is Basically Unfixable,' But Here's What You Can Do To Prepare

When Elon Musk was asked at the All-In Summit if he'd learned anything from his brief, chaotic stint in Washington, D.C., he didn't pause to consider. He just grinned and said, "The government is basically unfixable."

Fortune

Exec at $270 billion Cisco started his career making $4/hour waiting tables—he says the experience ‘wires you differently’ and is a must for Gen Z

Like Jeff Bezos and Jensen Huang, Cisco’s chief product officer Jeetu Patel started his career in the service industry—and he credits it to his rise to the C-suite.

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Benzinga

Jeff Bezos Once Called Himself A 'Lottery Winner' And Said Giving Away Money Is As Hard As Earning It — His Words Now Define A $240 Billion Fortune

In a 2001 interview, Amazon.com, Inc. (NASDAQ:AMZN) founder Jeff Bezos reflected on the moral responsibility that comes with extraordinary wealth — calling himself a "lottery winner" and highlighting that philanthropy requires as much "time, energy, focus, and hard work" as building a fortune.

Benzinga

26-Year-Old Breaks Down After Learning Her Student Loans Have 17% Interest & Balance Is More Than She Borrowed —'Didn't Know Any Better..How Could I?'

If you've ever made a payment on a loan and wondered why your balance barely moves, Alyssa Jeacoma's story will hit hard.

GOBankingRates

The Single Smartest Financial Decision Jeff Bezos’ Made — That You Can Steal

Discover the smartest financial move Jeff Bezos ever made—and how you can apply the same strategy to grow your wealth starting today.

TechRadar

Jeff Bezos dreams of gigawatt data centers in space to solve AI's huge problem with power consumption and power dissipation - could Blue Origin rockets transform into data centers?

Jeff Bezos envisions gigawatt-scale AI data centers orbiting Earth, powered by endless solar energy, despite huge technical and economic risks.

The Independent UK

Washington Post columnist proudly boasts ‘we’re now a conservative opinion page’

Marc Thiessen declared on social media that he’s no longer an ‘outlier’ at the Washington Post, as the paper’s opinion section is wholly ‘conservative’ now

Fortune

Jeff Bezos says stress comes from ‘ignoring things you shouldn’t be ignoring,’ not from hard work: ‘You can be working incredibly hard and loving it’

“Likewise, you can be out of work and incredibly stressed over that,” the Amazon founder added.

BANG Premier

Neil Young to pull music from Amazon

Rock legend Neil Young has declared he's going to pull all his music from Amazon's streaming service - urging fans to "forget Amazon" and "don't go back to the big corporations who have sold out America".

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