Latest news with #Bezos
CNBC
3 hours ago
- Business
- CNBC
Trump met with Amazon's Jeff Bezos at the White House last week
Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times' annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024. President Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has learned. The meeting between Trump and Bezos, one of the world's richest men, lasted for more than an hour, according to two people familiar with the matter who asked not to be named because the conversation was private. Amazon declined to comment on the meeting. A spokesperson for Bezos didn't immediately respond to a request for comment. The nature and exact timing of the visit couldn't be learned. A Gulfstream G700 private jet linked to Bezos landed in Dulles, Virginia, outside of Washington, D.C., on July 14 before taking off the next day, according to Jack Sweeney, a programmer who tracks flight data from jets owned by Elon Musk, Bill Gates and others. Bezos, who also owns rocket company Blue Origin, has cozied up to Trump during his second term in the White House. Trump frequently hurled insults at Bezos during his first term, largely because of the Amazon founder's ownership of the Washington Post.
Time of India
20 hours ago
- Business
- Time of India
JP Morgan Chase CEO Jamie Dimon reveals when he received a job offer from Amazon founder Jeff Bezos and why he said no
JPMorgan Chase CEO Jamie Dimon has shared an interesting anecdote from late 1999. Dimon revealed that Amazon founder Jeff Bezos offered him a job at Amazon and he nearly left Wall Street behind to take it. However, ultimately Dimon decided to not accept the offer, citing the significant personal and professional shift it would have entailed. Speaking at a recent podcast, Dimon revealed about his meeting with Bezos in Seattle. He mentioned that during that time Bezos was looking for a company president for its e-commerce platform — Amazon. When JP Morgan Chase CEO received job offer from Amazon founder Jeff Bezos Speaking on the Acquired podcast recently, JP Morgan Chase CEO Jamie Dimon revealed a moment he shared with Amazon founder Jeff Bezos in 1999. Dimon recalled that he met Bezos in Seattle over a cup of coffee. During the meeting Bezos offered him a job at Amazon. Dimon added that at that time Bezos was looking for a president for his e-commerce platform — Amazon. Dimon light-heartedly joked about the lifestyle change, envisioning a life where he'd "never wear a suit again" and "live on a houseboat," but admitted that uprooting his young family and abandoning his career in finance felt like "just a bridge too far." Despite their friendship, Dimon declined the offer. The seasoned banker had valid reasons for his hesitation. In late 2000, Amazon's market capitalisation was a mere $5 billion, a stark contrast to its current valuation as a $2.4 trillion. What happened next After returning home, Dimon started seriously working on his next move and he fielded offers from global investment banks, insurance agent AGI via a call from Hank Greenberg and event Home Depot, whose founders pitched him despite Dimon admitting he'd never stepped inside one of their stores. But the call that stuck came from a headhunter representing Bank One. It was a Chicago-based lender and was struggling to build business. Despite a warning from analysts Mike Mayo that 'even Hercules couldn't fix it,' Dimon saw an opportunity to rebuild. Dimon invested $60 million which was half of his net worth into One Bank stock on day one vowing to 'go down with the ship or up with the ship.' His decision to stay in banking led to his eventual rise as CEO of JPMorgan Chase. JP Morgan Chase CEO's investment mantra Jamie Dimon also shared his investment mantra. He says, 'Don't blow up.' With this principle in mind he guided JPMorgan's risk culture. In another interview, Dimon talked about buying his first stock at age 14 in 1972—only to watch the market plunge 45% within two years. That early lesson, he said, taught him to 'always factor the invisible risks.' AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
5 days ago
- Business
- Yahoo
Jeff Bezos' wedding ignited a protest movement in Venice — why locals are fed up with billionaire tourism
Protesters, who are floating a Bezos effigy in the canal, say the Amazon founder's lavish celebration is everything wrong with tourism today. Jeff Bezos and Lauren Sánchez are in Venice for what will certainly be the most extravagant wedding of the summer (year, decade, century...) but not everyone is sending their best wishes to the newlyweds-to-be. As the couple's star-studded festivities unfold across the Floating City, a vocal protest movement is staging a very public response. Their message: This isn't just a wedding — it's a symbol of everything Venetians are losing to billionaire tourism. The protest movement: 'No Space for Bezos' Organized by a coalition of housing advocates, student groups, anti-cruise ship activists, and even Greenpeace, the protests operate under the banner 'No Space for Bezos' — a nod to Sánchez's 2021 spaceflight and a pointed critique of Venice's dwindling accessibility for locals. Protesters argue Bezos isn't just a celebrity groom; he's a symbol of corporate power, wealth inequality, and the privatization of public spaces. Many also point to Amazon's labor practices, tax disputes, and Bezos' political ties as reasons the wedding has become a flashpoint. A floating dummy on an Amazon box On Wednesday, activists floated a life-sized Bezos dummy down the Grand Canal — clutching fake money and riding an oversized Amazon box — in one of the most surreal moments of the protest. As reported widely, banners have also appeared on the Rialto Bridge and in St. Mark's Square, including one that read: 'If you can rent Venice for your wedding, you can pay more tax.' Protesters originally threatened to block canal traffic using inflatable unicorns and flamingos, but the plan was called off after the main wedding venue — originally set for Scuola Grande della Misericordia — was moved to the more secure Arsenale complex. Protest organizers called the relocation a 'victory,' according to The Washington Post. The bigger picture: Venice at a crossroads While city officials insist the event will bring a major economic windfall — and Venetian mayor Luigi Brugnaro told the AP that the city finds it "an honor" and is "very proud" to host the wedding — critics argue the real cost is cultural and civic. Bezos and Sánchez have sourced about 80 percent of goods and services locally and made at least three major donations to Venice-based preservation groups, including the CORILA environmental research association, as described in a leaked piece of their wedding invitation. Still, for many residents, the symbolism overshadows the spending. 'We would have protested Bezos even if he came with three people in a wooden boat with oars,' protest leader Tommaso Cacciari told The Washington Post. In a city long grappling with overtourism, rising housing costs, and environmental risk, the Bezos wedding has become more than a private event — it's a proxy war over what Venice will become next.
News18
5 days ago
- Business
- News18
Jeff Bezos-Lauren Sanchez: Should Regular, Not-So-Rich Indian Couples Sign A Prenup?
Last Updated: Jeff Bezos-Lauren Sanchez wedding: Can regular couples sign prenups? What can the terms be? Would it put non-earning spouse at a disadvantage? Is it legally valid in India? Jeff Bezos-Lauren Sanchez wedding: As the details and pictures of the lavish celebrations of Amazon founder Jeff Bezos to his fiancée Lauren Sánchez in Venice come out, there's also the buzz of a ' prenuptial agreement or prenup" around it. The couple reportedly married in the US weeks before their lavish $10 million (approximately Rs 388-460 crore) wedding celebration in Venice on June 26, featuring a star-studded guest list. While Bezos and Sanchez may or may not have chosen to sign a prenuptial agreement, it is a crucial document which details what each person will take away in terms of assets, debts and spousal support should the marriage end in divorce or death. Bezos — the founder of Amazon whose net worth Forbes estimates to be north of $200 billion — has a lot of wealth to protect, should his second marriage go south. But chances are his assets and estate are already structured and professionally managed in a way that they would never become marital assets, two attorneys who specialise in prenups told CNN. The curiosity is only around the payout she would get if they divorced or he predeceases her, in case they signed a prenup. But for everyone else wondering if they should get a prenup before saying 'I do," there are many factors to consider for both partners. Do regular couples sign prenups? For one, the stigma around prenups as a sign that at least one partner doesn't trust the incoming spouse or is worried the marriage wouldn't last has gone. CNN, in a special piece on prenups, noted the changing trend. Illinois-based divorce and marital attorney Gail O'Connor, founder of O'Connor Family Law, told CNN she has seen a huge jump in couples seeking them out. 'Millennials want to be very financially independent. So there is this idea of people getting married later and thinking, 'I've worked hard for this and want to protect it,'" O'Connor said. But the 'it" doesn't have to mean billions or even millions. It could just mean you've worked for a decade and built up savings, investments and stock options. Or, conversely, she said she has seen a lot of couples where one person has a large debt load — for example, $100,000 or more in education loans. 'And their partner wants to be protected from that," O'Connor said. Why do prenups matter and to whom? Prenups are most critical where one partner owns a business. 'It's not about the actual level of wealth but what the assets are when a couple marries," Jacqueline Newman, managing partner of Berkman Bottger Newman & Schein in New York told CNN. While a business may not be worth much at the time of wedding, it might grow greatly during the marriage, which also happened in case of Bezos during his first marriage to MacKenzie Scott. Prenups also matter to: What can regular couples include in a prenup? Whatever you want. Newman said a regular couple can opt for a prenup that: Asserts that any assets or debt in one person's name goes with that person at the end of the marriage. Any assets or debts in both partners' names are split. A simple prenup might also just focus on a single asset and how it will be treated if the marriage dissolves. Could address the issue of how one partner's debt is paid off during the marriage. For instance, if any jointly held marital assets are used to make one partner's debt payments, that partner may need to reimburse the joint account. What would couples need to get a prenup? Financial disclosures O'Connor told CNN she asks her clients to give her proof of their assertions by way of their most recent tax returns, W2s, stock option grants, business valuations, and bank and brokerage statements. 'You don't want to build a contract subject to a successful attack. The more disclosure you have, the better," she said. Prenups in India prenuptial agreements to understand the intentions of the parties involved during divorce proceedings, particularly in cases where there is a dispute over financial matters. While states like Goa recognise such contracts under the Portuguese Civil Code, the rest of India views marriage predominantly through the lens of personal laws. The Hindu Marriage Act views marriage as a sacrament rather than a contract. The nikahnama (a prenuptial agreement in Islamic law) is an exception, as it is recognised as a part of Muslim marriage and can be considered valid if it complies with Islamic law and doesn't contradict it. Other options for Indian couples Couples may explore other options like creating family trusts or trusts for each family member to manage assets and provide some level of financial security. Some lawyers draft 'quasi-prenuptial" or 'postnuptial" agreements, which are not legally binding but can be used to record the couple's understanding on various financial and other matters, potentially influencing court decisions or preventing false claims. According to the Indian Contract Act, 1872, a valid contract requires consideration, something of value exchanged between parties. As prenups typically involve no such exchange before marriage, they are often deemed unenforceable. However, there are exceptions where courts have upheld these agreements when they focus on property distribution rather than marital dissolution. It also helps in terms of alimony or maintenance discussion if the marriage is dissolved. With CNN, Agencies Inputs About the Author Manjiri Joshi At the news desk for 17 years, the story of her life has revolved around finding pun, facts while reporting, on radio, heading a daily newspaper desk, teaching mass media students to now editing special copies ...Read More Get Latest Updates on Movies, Breaking News On India, World, Live Cricket Scores, And Stock Market Updates. Also Download the News18 App to stay updated! tags : Jeff Bezos Lauren Sanchez view comments Location : New Delhi, India, India First Published: June 27, 2025, 13:29 IST News explainers Jeff Bezos-Lauren Sanchez: Should Regular, Not-So-Rich Indian Couples Sign A Prenup? Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
7 days ago
- Business
- Time of India
Jeff Bezos' daily diet: From Octopus to nostalgic McDonald's
Jeff Bezos may be one of the richest and most influential figures on the planet, but when it comes to food, his tastes range from the extravagant to the unexpectedly relatable. While he now commands a vast empire spanning e-commerce, space travel, and philanthropy, Bezos still enjoys the simple pleasures of a diner breakfast or a fast-food burger. Yet, he's also known to start his day with a plate of octopus and end it with high-end Chinese cuisine. Whether it's pancakes made from a Betty Crocker box or plant-based protein innovations backed by millions, Bezos' diet reflects both his grounded upbringing and global ambitions. Here is a look at what the Amazon founder eats in a day. Jeff Bezos eats Octopus and yoghurt for breakfast Forget cereal or toast. Jeff Bezos prefers to shake up his morning routine with something far more unconventional — breakfast octopus. Alongside a poached egg and a side of green garlic yoghurt, this protein-rich, ocean-inspired meal is paired with a strong cup of coffee. The unusual breakfast gained widespread attention after Bezos reportedly ordered it during a high-stakes 2010 business meeting, where he used the octopus metaphor to describe a bold acquisition. This moment not only reflected his adventurous palate but also his willingness to embrace the unknown in both food and business. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mjerenje u sekundi – 50 % popusta + poklon za 200 kupaca Kupite sada Undo While many might shy away from such a dish, it has become an iconic detail of Bezos' daily life. Classic American diner fare Despite his billionaire status, Bezos has never abandoned his love for all-American comfort food. After the landmark launch of Blue Origin's reusable rocket in January 2025, he marked the achievement not with champagne but with pancakes, eggs, and sausage at a local Florida diner. Surrounded by his team and fiancée, the Amazon founder appeared relaxed and grounded, interacting kindly with staff and patrons alike. It was a scene that felt surprisingly normal — a reminder that behind the wealth and headlines, Bezos still finds joy in the simplicity of a classic American breakfast. Sunday pancakes with family and friends Sunday mornings in the Bezos household are dedicated to family and familiarity. A firm believer in tradition, Bezos prepares pancakes from a Betty Crocker mix for his four children every week. Despite his culinary consistency, he still jokingly relies on the box instructions, as shared by fiancée Lauren Sanchez. Over the years, this ritual has extended beyond family, with Bezos flipping pancakes for celebrity guests like Ciara and Russell Wilson. These gatherings, often shared on social media, paint a picture of a man who cherishes togetherness and uses food as a bridge between his private life and his public persona. Fast food nostalgia Before Amazon, before Blue Origin, there was McDonald's. Bezos' first-ever job was flipping burgers at the Golden Arches, and that early connection still holds a place in his heart — and on his plate. In 2022, he posted a photo of himself enjoying a McDonald's burger, reflecting on the job that marked the beginning of his work ethic. That nostalgic indulgence reminds us that even a billionaire can crave a quick, satisfying bite from a fast-food chain. It's not just a burger to him; it's a symbol of where he started, and perhaps a grounding force in a fast-moving life. Pizza and the two-pizza rule Pizza plays both a personal and professional role in Jeff Bezos' life. On the personal side, he's a clear fan, once enjoying a visit to Italy's famed Sorbillo pizzeria, where he received a custom pie with his name baked into it. Professionally, pizza has been central to one of Amazon's most famous productivity philosophies — the two-pizza rule. This simple but effective rule advises that no meeting should involve more people than could be fed with two pizzas. It encapsulates Bezos' preference for lean teams, streamlined communication, and efficient problem-solving — all fueled by the universal appeal of pizza. Plant-based proteins and the future of food While Bezos may enjoy rich and hearty meals, he is also investing in a more sustainable food future. Through his Bezos Earth Fund, he has pledged 60 million dollars to support global initiatives that promote the production and consumption of plant-based proteins. The "Beans Is How" campaign aims to double bean consumption worldwide by 2028, emphasising the nutritional, economic, and ecological benefits of legumes. Bezos' push for climate-conscious eating is more than a diet choice — it's a strategic move to reshape food systems and reduce dependence on environmentally damaging meat industries. Beans, lentils, and nuts are the protein of tomorrow, and Bezos wants them on everyone's plate. Peking duck and upscale Chinese cuisine Though he supports plant-based innovation, Bezos also has a taste for indulgent meat dishes. In 2024, he was spotted dining at Tropical Chinese, a modest but beloved restaurant in Miami. His choice? The Peking duck — a rich and flavorful delicacy served with crisped skin and sweet sauce. Priced at $78, the dish is far from extravagant by billionaire standards but still speaks to Bezos' appreciation for authenticity and cultural variety. Despite the attention he draws, reports describe him as a gracious diner who values good food and genuine experiences — whether in a Michelin-starred kitchen or a strip-mall gem. From breakfast octopus to pancakes and Peking duck, Jeff Bezos' daily diet reflects the many dimensions of his personality — ambitious, nostalgic, innovative, and indulgent. It's a culinary journey that spans continents, traditions, and philosophies, capturing the essence of a man who never does anything halfway, especially when it comes to what's on his plate.
