Tag Archives: Jeff Bezos

The legal battle between Amazon founder and CEO Jeff Bezos and his girlfriend’s brother has taken an ugly turn. TMZ reports that Bezos is now suing Michael Sanchez for hiding assets to avoid paying $254,404 he was previously ordered to pay. Lauren Sanchez’s brother previously filed a lawsuit against Bezos for …

Amazon is looking to get into the pharmacy industry. Reports show it may open physical pharmacies in the United States soon. According to The New York Post, CVS and Walgreens shares started going down this past week, as growing the conglomerate Amazon is reportedly moving to open brick and mortar …

Jeff Bezos is going to formally step down as the CEO of Amazon in July. During a company annual shareholder meeting on Wednesday, Bezos announced that he would be leaving his role as chief executive on July 5. The role will be passed to Andy Jassy, who currently manages Amazon …

Amazon is under fire for retracting job offers from job applicants who test positive for marijuana. Weed smokers are so torn apart by the way they are treated by the online retail giant that they have banded together to file a class-action lawsuit in New York against Jeff Bezos. One …

Investor Warren Buffett is the sixth richest man in the world, according to the Bloomberg Billionaire’s Index. Buffett is worth $100 billion. The disclosure comes after investors drove up the stock price for his $600 billion company Berkshire Hathaway. The 90-year-old’s net worth would be higher if he did not …

Jeff Bezos is stepping down as the CEO of Amazon. On Tuesday, Bezos announced that he would be moving on from his position as Amazon’s CEO. Bezos, 57, founded the company 27 years ago. NBC News reports that he will transition into the executive chair role in the third quarter …

Big bank, take little bank. Elon Musk has passed up Jeff Bezos as the richest man in the world.  In 2017, Bezos was named the richest man in the world with a net worth of $184 billion. Now, Musk is in the first place with a net worth of more …

MacKenzie Scott, Jeff Bezos’ ex-wife, is giving away $1billion a month to marginalized and underfunded groups. She revealed Tuesday that she has already donated $4billion over the past four months to about 400 nonprofit organizations. MacKenzie became one of the world’s richest people after her divorce from Amazon founder Jeff …

MacKenzie Scott, former wife of Amazon CEO Jeff Bezos, reportedly donated about $1.7 billion of her wealth to more than one hundred nonprofit entities over the past few months. Following the divorce settlement in 2019, Scott obtained a 4 percent stake in Amazon worth about $35 billion; that amount has …

While unemployment continues to rise and the economy remains in partial ruins as a result of the pandemic, Amazon’s head honcho Jeff Bezos has no worries as he has now broken his own record for the world’s wealthiest person, according to Bloomberg Billionaire Index. With a net worth of nearly …

What’s better than a billionaire? A trillionaire, which is exactly what Amazon’s CEO is projected to be in the not so distant future. The term “trillionaire” is trending on Twitter as an old article resurfaced where Bezos was projected to become the world’s first trillionaire by the year 2026. Comparisun, …

While nearly one in six Americans have lost their jobs since mid-March and 4.4 million have filed for unemployment benefits due to the coronavirus pandemic, American billionaires are becoming wealthier by the day. According to a report from the Institute for Policy Studies, American billionaires added a staggering total of …

Amazon CEO Jeff Bezos announced via Instagram that he would be pledging a staggering $10 billion to fight climate change through a new fund he is calling the Bezos Earth Fund. In an Instagram post, Bezos explained that the funds will be used to assist in “any effort that offers …

Jeff Bezos, the wealthiest man in the world, just bought a new home in L.A. and set a new record for the most expensive real estate sale in the area. The estate, previously owned by Dreamworks creator David Geffen and originally owned by the founder of Warner Bros. Jack Warner, …

Jeff Bezos now reportedly has his eyes on the Seattle Seahawks. According to the NY Post, the Amazon founder, who is also the world’s richest person with a fortune of $109.5 billion, has been looking to get into team ownership and is reportedly interested in acquiring the Seattle Seahawks, whose …

Jeff Bezos, the genius behind Amazon, has officially split from his wife MacKenzie, now that a Washington state judge has signed off on the divorce. According to Page Six, the arrangement leaves McKenzie with 19.7 million shares of Amazon.com valued at more than $38 billion. The couple were married in …

After 25 years of marriage, the recent divorce between Amazon CEO Jeff Bezos and his ex-wife MacKenzie, left her to become one of the richest women in the world. Now, MacKenzie joins the ranks of some of the wealthiest people in the world by entering “The Giving Pledge.” This philanthropic …

Anyone in need of a career change? Jeff Bezos, CEO of Amazon, is setting the bar pretty high with recruitment efforts by showing people the money, literally. In 2018, Amazon offered its U.S. employees an opportunity to start their own small Amazon Prime delivery business. But, there was only one …

Nearly three months after the world’s richest couple announced their split, the multibillion-dollar divorce between Amazon’s Jeff Bezos and wife, MacKenzie Bezos, has been finalized.  On Thursday, MacKenzie took to Twitter to break the news, as she expressed her satisfaction in retaining $35.6 billion in Amazon stock and a portion …

Jaws dropped when Jeff Bezos’s assets, following the announcement of his divorce, went public. But now, things are looking messier by the minute with the discovery of his new lady friend. Jeff and soon-to-be ex-wife, MacKenzie, used Twitter to house the official announcement of their divorce after 25 years of …