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Jeff Bezos’ Father Mike Bezos Hiring CEO To Run Family Office As Fortune Grows $200 Billion | Companies

The step underscores how billionaire families are shifting from traditional, tightly held operations to corporate-style investment and philanthropy management structures. Amazon founder Jeff Bezos’ father, Mike Bezos, is moving to institutionalize the management of the family’s vast wealth by hiring a Chief Executive Officer (CEO) for their family office, Aurora Borealis, according to a report…

Jeff Bezos's father Mike Bezos is hiring a CEO to manage his private family office. (Image Source: Jeff Bezos/X)

Jeff Bezos’ 79-yr-old father hires a CEO to manage his $40 billion fortune – Lifestyle News

Cs news8 months ago8 months ago07 mins

Mike Bezos, the 79-year-old father of Amazon founder Jeff Bezos, is reportedly planning a “massive expansion” of his family office, which manages a fortune worth more than $40 billion and supports family members. According to a report by The Wall Street Journal, he was on the lookout for a CEO to oversee this capital. Chief…

Amazon faces trial this week over whether it duped people into enrolling in Prime membership

Cs news8 months ago8 months ago04 mins

Amazon faces a court hearing in Seattle this week to face allegations by federal regulators that the e-commerce giant duped customers into signing up for its Prime membership while also making it difficult for them to cancel their subscriptions. The case, announced by the Federal Trade Commission in 2023, centers on claims that Amazon engaged in…

“I’ve worked on H1-B politics for 30 years,” Netflix co-founder says US’ $100k H-1B tax is…

Cs news8 months ago03 mins

Netflix co-founder Reed Hastings has endorsed President Donald Trump’s new $100,000 H-1B visa fee, breaking ranks with most Silicon Valley leaders who have criticised the policy as harmful to innovation and startup growth. In a post on X, Hastings wrote: “I’ve worked on H1-B politics for 30 years. Trump’s $100k per year tax is a…

Paige DeSorbo’s favorite under-$100 Amazon fashion finds for fall

Cs news8 months ago8 months ago04 mins

Page Six may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. While Paige DeSorbo may have sat front row at NYFW, not all her favorites come from high-fashion labels. The “Summer House” alum shared her favorite seasonal style trends on Amazon Live…

Jeff Bezos Donates 520K Amazon Shares Worth Over $120M in Two Weeks

Cs news8 months ago8 months ago05 mins

Amazon founder and billionaire, Jeff Bezos, is known for frequently making donations to non-profit organisations. He himself runs non-profit funds, foundations, and preschools aimed at climate change and education. According to Form 4 filings with the US Securities and Exchange Commission, Bezos gifted over 5.2 million shares of Amazon (Nasdaq: AMZN) to non-profit organisations between…

White House: H-1B $100,000 Fee Will Only Affect New Applicants

Cs news8 months ago8 months ago04 mins

2025-09-20T17:30:11Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. A White House official…

After Microsoft, Amazon issues deadline for its Indian and foreign employees: Return to US before Trump’s $100,000 Fee takes effect

Cs news8 months ago04 mins

Amazon has advised its employees with H-1B and H-4 visas to avoid international travel for the foreseeable future. As per a company note reviewed by news agency Reuters, the e-tailer has recommended Indian and other foreign employees currently outside the country to return back before midnight EDT on September 21. The move comes after Trump…

Jeff Bezos Says He Is Proud Of His Paycheck: Here’s What He Earned at Amazon As CEO | Companies

Cs news8 months ago8 months ago03 mins

Jeff Bezos on His Paycheck: ‘I’m Proud of It’ — Here’s What He Made at Amazon As CEO (File Photo) Amazon founder Jeff Bezos has revealed that during his tenure as chief executive he deliberately avoided taking additional compensation, including stock grants and bonuses, despite leading one of the world’s most valuable companies. Speaking at…

Amazon founder Jeff Bezos says he is proud of his salary package …

Cs news8 months ago8 months ago03 mins

Amazon founder Jeff Bezos once revealed that he never took additional compensation during his tenure as the CEO, saying he was proud of this decision to forgo the stock grants and bonuses, despite leading one of world’s most valuable companies. Speaking at the 2024 New York Times DealBook Summit, Bezos revealed that he asked the…