This article first appeared on GuruFocus. Bezos is stepping back into the operator’s chair, and the timing could be intentional. Project Prometheus, his new artificial intelligence venture, is rolling out with a $6.2 billion war chest, partly financed by the Amazon (NASDAQ:AMZN) founder himself, placing it among the most heavily backed early-stage AI companies anywhere….
Blue Origin, the rocket company founded by Amazon billionaire Jeff Bezos, is gearing up for another attempt to launch its giant New Glenn rocket, carrying two NASA satellites on their first journey toward Mars. The rocket is set to lift off from Cape Canaveral Space Force Station in Florida during a window between 2:57 and…
It seems Kris Jenner cranked the volume up too much on her lavish Beverly Hills birthday celebration over the weekend. The “Keeping Up With the Kardashians” matriarch and businesswoman rung in her 70s on Saturday with an opulent and high-profile bash at Amazon billionaire Jeff Bezos’ mansion, drawing ire from neighbors over its noise level….
NASA wants to reopen competition on its moon lander, a multi-billion-dollar contract for a new space vehicle that will help support one of America’s most ambitious missions yet: going back to the moon — and for good. The space agency’s decision to reopen the contract for the Artemis mission moon lander renews competition between SpaceX,…
Oyo founder Ritesh Agarwal Oyo founder Ritesh Agarwal has now credited Amazon founder Jeff Bezos for helping him shape his approach and business strategy. Agarwal revealed the one quote by Bezos which inspired him, ‘Hope is not a plan’. In a recent interview post shared by Agarwal on his Instagram handle, he emphasised that structured…
In a recent interview at Italian Tech Week, Jeff Bezos shared insights that challenge the popular myth that college dropouts are the ultimate entrepreneurs. He called tech icons like Mark Zuckerberg and Bill Gates “the exception,” emphasising that most successful founders benefit from real-world experience before starting their own companies. Bezos advised young people to…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. David Risher, the current CEO of Lyft Inc. (NASDAQ:LYFT), recently shared a bold career move he made in 1996 that earned him a scathing rebuke from Microsoft Corp. (NASDAQ:MSFT) co-founder Bill Gates. In a recent episode of Fortune’s Leadership Next podcast, Risher recounted…
Euphoria and The White Lotus star Sweeney sparked confusion when she attended the wedding of Sanchez and Bezos in Venice in June. Lauren Sanchez Bezos (left) with Sydney Sweeney at the latter’s recent 28th birthday celebrations. A report from Page Six said Sweeney went to “pay respects” to Bezos because she was set to act…
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 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…