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Tag: Jeff Bezos

Bezos' Blue Origin launches first rocket into space, rivals SpaceX
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Bezos’ Blue Origin launches first rocket into space, rivals SpaceX

Amazon founder Jeff Bezos’s space company, Blue Origin, successfully launched its first orbital rocket, New Glenn, on Thursday, marking a significant milestone in the competitive space race with Elon Musk’s SpaceX. The launch took place at 2:02 a.m. ET (7:02 a.m. GMT) from Cape Canaveral Space Force Station in Florida. The New Glenn rocket carried […]

Bezos expresses confidence in Musk, optimism for US space agenda
News

Bezos expresses confidence in Musk, optimism for US space agenda

Jeff Bezos, founder of Blue Origin, said he does not believe SpaceX CEO Elon Musk will exploit his close relationship with U.S. President-elect Donald Trump to gain an advantage over Blue Origin in the space industry. Speaking to Reuters on Sunday, Bezos expressed optimism about the incoming administration’s space policies. “Elon has been very clear […]

Bezos' Blue Origin launches first rocket into space, rivals SpaceX
News

Blue Origin challenges SpaceX with new Glenn rocket launch

Jeff Bezos’ space company Blue Origin is preparing for the inaugural launch of its giant New Glenn rocket on Sunday, marking a major milestone in its efforts to enter the competitive space launch industry and challenge Elon Musk’s SpaceX. The highly anticipated launch will be a critical first step in Blue Origin’s goal of reaching […]

Jeff Bezos to marry Lauren Sanchez in $600m wedding ceremony
News

Jeff Bezos to marry Lauren Sanchez in $600m wedding ceremony

Billionaire Jeff Bezos and his fiancée, Lauren Sanchez, are set to exchange vows in a grand wedding at Aspen, Colorado, with an eye-popping price tag of $600 million, according to reports from Daily Mail. The couple, who announced their engagement in May 2023, has chosen the exclusive Matsuhisa restaurant for their winter wonderland-themed celebration. The […]

Bezos expresses confidence in Musk, optimism for US space agenda
News

Jeff Bezos plans $5bn Amazon share sale

Jeff Bezos, founder and executive chair of Amazon, intends to sell nearly $5 billion worth of shares in the e-commerce giant, according to a regulatory filing released after market hours on Tuesday. The proposed sale of 25 million shares comes as Amazon’s stock reached an all-time high of $200.43 per share during the trading session. […]

News

Bezos’ Net Worth soars by $3.3 billion

The owner of Amazon, Jeff Bezos is $3.3 billion richer as Amazon’s stock surged to a record high on Thursday, showing a striking resurgence from its slump in 2022. Amazon’s stock rose to 2% hitting a new intraday high of almost $190 per share Thursday, according to Forbes. The rally coincided with broader momentum for […]

Bezos expresses confidence in Musk, optimism for US space agenda
Tech

Jeff Bezos, others invest $675m in humanoid robot development

Tech billionaires such as Jeff Bezos are exploring the realm of humanoid robots in an effort to find new uses for artificial intelligence. According to The Times, a firm in this space like Figure AI Inc, is raising a healthy $675 million and is valued at almost $2 billion. Backed by major players including Microsoft Corp., Bezos’ […]

Billionaire Jeff Bezos sells $2bn Amazon shares
Business

Billionaire Jeff Bezos sells $2bn Amazon shares

The founder of Amazon.com Inc., Jeff Bezos, made a significant divestment this week when he sold 12 million shares of the business, his first stock transaction since 2021. According to The Times, regulator records state that the trades, which took place on Wednesday and Thursday, totaled slightly more than $2 billion. Prior to the stock’s […]

Jeff Bezos sells 50 million Amazon shares
Business

Jeff Bezos sells 50 million Amazon shares

Amazon founder and billionaire Jeff Bezos, has stated that he plans to sell up to 50 million shares of the company, which is worth approximately $8.6 billion at the current share price of $171.81. The Times reported that in compliance with the Securities and Exchange Commission guidelines, this disclosure was included in a regulatory filing that was […]

Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares
Business

Jeff Bezos ex-wife Mackenzie Scott sells $10bn Amazon shares

The ex-wife of Amazon founder Jeff Bezos, MacKenzie Scott, sold about $10 billion in Amazon stock last year, marking a big financial move. The Times reported that Scott initially owned a large 4% of the company when her divorce was finalized. However, a recent regulatory filing shows that she sold 65.3 million shares of Amazon.com Inc. in […]

Jeff Bezos buys $79m mansion in Florida
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Jeff Bezos buys $79m mansion in Florida

The third-richest person in the world, Jeff Bezos, has added to his real estate holdings by purchasing a $79 million property in South Florida’s exclusive “Billionaire Bunker”. The seven-bedroom home is located on the artificial island of Indian Creek in the Miami region. Bezos acquired the home for 7.1% less than its $85 million initial […]

Jeff Bezos sells 50 million Amazon shares
News

Jeff Bezos, ex wife Mackenzie gain $3.16bn as Amazon shares rise

The founder and CEO of Amazon, Jeff Bezos, and his ex-wife, MacKenzie Scott, have seen a substantial boost in their wealth, collecting a stunning $3.16 billion together. TheTimes reported that this increase coincides with an extraordinary rise in the value of Amazon’s shares, according to statistics obtained from Forbes. Jeff Bezos’ net worth increased by […]