Jeff Bezos invests $1.5B in Amazon air hub for faster deliveries – YourStory

Also read: Amazon falls prey to ‘serious’ online fraud; merchants drained of funds over 6 months Amazon CEO Jeff Bezos, in a twitter post on Tuesday, announced an investment of $1.5 billion in a three million square feet air hub. The Amazon air hub will have the capacity to house around a hundred cargo jets…

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Amazon’s Jeff Bezos reveals he still lives with his ex-wife – New Zealand Herald

Divorce documents reveal that Jeff Bezos’ ex-wife MacKenzie will be much richer than first thought. The papers also show that the Amazon founder and his soon-to-be-ex wife are still living together despite the separation. According to the Daily Mail, the couple still live under the same roof, their US$70 million home in Medina, Washington state.…

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Elon Musk Calls Jeff Bezos Copycat Over Amazon’s Internet Satellite Plan – NDTV News

Elon Musk’s SpaceX among several companies look to use satellites to deliver internet. Days after Amazon, owned by billionaire Jeff Bezos, confirmed that it is working on a project to launch a network of satellites for high-speed internet services, the news of the launch got competitor Elon Musk’s notice.  Responding to a news report on…

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Amazon’s Jeff Bezos, wife reach biggest divorce deal in history – Times of India

NEW YORK: Amazon founder Jeff Bezos and his wife, MacKenzie, finalized the biggest divorce settlement in history on Thursday, leaving him with 75% of their stock in the tech giant and giving her nearly $36 billion in shares. MacKenzie Bezos said she would give all of her stake in The Washington Post and the space…

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Jeff Bezos’ Amazon to build internet satellites – Quartz

A company called Kuiper Systems LLC has been revealed as the front for an Amazon plan to launch thousands of satellites offering internet connectivity to users below. The news, revealed by regulatory filings at the International Telecommunication s Union in Geneva, was first reported by Geekwire and confirmed to Quartz by an Amazon spokesperson. “Project…

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Bezos’ wealth drops $9.1 billion on market rout

By Devon Pendleton Plunging global markets lopped $99 billion from the fortunes of the world’s 500 wealthiest people on Wednesday, the year’s second-steepest one-day drop for the Bloomberg Billionaires Index. Amazon.com Inc. founder Jeff Bezos lost $9.1 billion, the most of anyone on the index, as shares of the online retailer fell the most in…

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Jeff Bezos Is So Powerful He Basically Dictates the Minimum Wage Now

Jeff Bezos. (Photo by Alex Wong/Getty Images) On Tuesday, the world’s richest man made a concession to the hundreds of thousands of Americans in his employ: The lowest wage of all Amazon employees in the US will be $15 an hour starting November 1, according to a statement put out by company founder and CEO…

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The Munificence of Jeff Bezos Isn’t All That It Seems

It is perhaps too simple to attribute Amazon’s new $15 minimum wage to Bernie Sanders, although the democratic-socialist senator has not shied away from taking some credit. For months, Sanders has engaged in a fiery, populist campaign against the e-commerce giant and its billionaire founder, Jeff Bezos, for what he has described as an “insane”…

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This is billionaire Jeff Bezos’ daily routine and it sets him up for success

When Bezos is ready to turn to business, he devotes all of his focus to Amazon: “I set my first meeting for 10 a.m.,” he explains. The first meetings of the day are the ones that require the most brain power. “I like to do my high IQ meetings before lunch, like anything that’s going…

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Jeff Bezos unfazed by antitrust concerns on Amazon

WASHINGTON: Amazon founder and chief executive Jeff Bezos said Thursday he was not worried about the potential for anti-trust scrutiny of the company as it becomes an important economic force. Speaking at a Washington business gathering, Bezos said it was normal to draw scrutiny but he did not anticipate any actions that would prevent the…

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