Latest news with #Bezos
Time of India
19 hours ago
- Business
- Time of India
Jeff Bezos and Lauren Sanchez's wedding 'under threat'; 'richest and most dangerous man in the world' is holding our home hostage, claim protestors
The much-anticipated wedding of billionaire Jeff Bezos and Lauren Sanchez , set for June 24 in Venice, is facing fierce backlash from residents and activists who claim the lavish event is turning the historic city into a "playground for the wealthy." The $10 million celebration, planned on the island of San Giorgio Maggiore, has triggered protests over blocked streets, luxury hotel takeovers, and environmental concerns, threatening to disrupt the Floating City during its peak tourist season. Venice locals are furious Venetians are furious over the scale of the wedding, which has led to Bezos reserving five opulent hotels and every water taxi in the city, according to a Daily Mail report. Enhanced security measures, including a heavy police presence, closed streets, and restricted airspace, are expected to accommodate an A-list guest list of celebrities, politicians, and business tycoons. The disruptions coincide with Venice's busiest travel period, exacerbating tensions in a city already strained by mass tourism. Local activist group Laboratorio Occupato Morion, which describes itself as an "anti-fascist, anti-capitalist, anti-racist, and trans-feminist political space," is leading the charge against the event. The group has planned a protest for this Friday near St. Mark's Square, with a larger demonstration scheduled for the wedding day. Their rallying cry, 'No space for Bezos, No space for oligarchs!' is emblazoned on flyers featuring Bezos' head atop a rocket, accusing him of treating Venice as a personal playground. 'Jeff Bezos believes he can purchase the entire city,' the group's flyer declares. 'Those who live in Venice on a daily basis are left with discomfort, exclusion, and precariousness.' What are concerns regarding Jeff Bezos and Lauren Sanchez wedding The wedding's environmental impact is a major point of contention. Venice's fragile lagoon and polluted canals are already under strain from overtourism, and the arrival of private jets—though Bezos' four Gulfstream jets will be joined by others—adds to the city's carbon footprint. His $500 million superyacht, Koru, cannot dock near Venice due to its size, but the influx of guests is expected to further stress the city's delicate ecosystem. 'Bezos embodies what this city and global movements have been fighting against for decades—a financial and technological oligarchy that exploits workers, the planet, and entire territories,' said Alice Bazzoli, a spokesperson for Laboratorio Occupato Morion, in an interview with the Daily Mail. The group views the wedding as a symbol of growing inequality and the commodification of Venice, a UNESCO World Heritage Site struggling to preserve its cultural and environmental heritage. Full week of protests planned The protests last week is said to be just the beginning, with Laboratorio Occupato Morion planning a series of smaller events in the week leading up to the wedding, culminating in a major demonstration on June 24. Activists argue that the event highlights the broader issue of Venice being overtaken by wealthy elites, leaving locals feeling marginalized in their own city. City officials have not yet commented on the protests or the wedding's logistical arrangements, but the growing unrest signals a clash between Venice's residents and the global elite. As the wedding date approaches, all eyes are on whether Bezos and Sanchez's celebration will proceed as planned or face significant disruptions from an increasingly vocal opposition. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time Business News
a day ago
- Business
- Time Business News
Jeff Bezos San Antonio Hotel: Is the Billionaire Eyeing the Alamo City for His Next Big Venture?
Jeff Bezos, the founder of Amazon and one of the richest individuals on the planet, is no stranger to ambitious projects. From reshaping global commerce to launching rockets into space with Blue Origin, Bezos has proven time and again that his vision knows no limits. Now, whispers are emerging from South Texas, hinting that Bezos may be setting his sights on something new: the hospitality industry, specifically a potential Jeff Bezos hotel in San Antonio. While the rumors are still unconfirmed, they've sparked significant interest among real estate watchers, tech insiders, and local residents. Could Bezos be preparing to leave his mark on San Antonio's skyline? Let's explore the story behind the buzz and what it could mean for the city's future. San Antonio isn't just home to the Alamo and the River Walk—it's one of the most culturally rich and fastest-growing cities in the U.S. In recent years, it has become a magnet for investors, startups, and developers looking to tap into its vibrant economy and increasing tourism. The city welcomes over 34 million visitors annually, making it a hotbed for new hotels, resorts, and commercial ventures. As travelers seek unique, upscale accommodations, San Antonio offers prime opportunities for luxury hospitality projects. It's no wonder that a name like Jeff Bezos would be floated in connection with a new, high-end hotel development. The city's blend of history, modern growth, and tourist appeal is tailor-made for an innovative luxury venture. Though Bezos is most famously linked to Amazon and space exploration, his interests in real estate are wide-ranging. He owns multi-million-dollar homes in several states, including Washington, California, and New York. His 2020 purchase of the Warner estate in Beverly Hills for $165 million made headlines as one of the priciest real estate deals in U.S. history. Bezos has also shown interest in unique properties, like restoring historical buildings and investing in architectural landmarks. If he were to enter the hotel space in San Antonio, it would likely be a project that reflects his vision—bold, tech-forward, and highly distinctive. At this point, there has been no official statement from Bezos or Amazon confirming involvement in any hotel development in San Antonio. However, multiple sources in local development circles and hospitality forums have speculated about a luxury hotel project backed by a major investor rumored to be Bezos or one of his holding companies. These rumors center around downtown San Antonio, particularly areas near the River Walk, where several high-end developments are already in progress. Some reports suggest that Bezos might be exploring partnerships with real estate firms to create a cutting-edge boutique hotel experience. Still, until more information surfaces, the idea of a Jeff Bezos-branded hotel remains speculative—but increasingly believable, given Bezos's expansive portfolio and track record of surprise ventures. If Bezos were to bring a hotel to San Antonio, what could guests expect? Given his interest in technology and sustainability, a Bezos-backed hotel would likely be unlike anything currently in the city. Features might include: Smart automation throughout rooms and services throughout rooms and services Sustainable construction using eco-friendly materials using eco-friendly materials AI-powered concierge and personalized guest experiences Exclusive amenities like fine dining, art installations, and wellness retreats like fine dining, art installations, and wellness retreats Location-specific design, blending modern luxury with San Antonio's rich culture It could even serve as a showcase for Amazon's smart home tech or Blue Origin's design ethos—offering an immersive experience that merges hospitality with innovation. Whether or not the rumors are true, the idea of a Jeff Bezos San Antonio hotel highlights the city's growing national and global appeal. If Bezos were to invest in a hospitality project here, the benefits to the local economy would be substantial: Tourism Boost : A luxury Bezos-branded hotel would attract high-spending travelers and international media coverage. : A luxury Bezos-branded hotel would attract high-spending travelers and international media coverage. Job Creation : Hotel development, construction, and operations could provide hundreds of local jobs. : Hotel development, construction, and operations could provide hundreds of local jobs. Real Estate Growth : Property values near the hotel could rise, spurring additional development. : Property values near the hotel could rise, spurring additional development. Innovation Hub: Bezos's involvement might encourage more tech and sustainability-focused projects in San Antonio. For city planners and entrepreneurs, this represents a golden opportunity to elevate San Antonio's status on the national hospitality map. At this stage, a Jeff Bezos hotel in San Antonio remains an exciting possibility rather than a confirmed reality. However, given Bezos's history of surprising the public with unexpected moves—from acquiring The Washington Post to launching space missions—it wouldn't be out of character for him to enter the luxury hotel market in a city like San Antonio. Whether through direct investment, a partnership, or a Bezos-backed real estate venture, the future might just hold a five-star experience with his name attached in the heart of Texas. For now, all eyes remain on San Antonio's skyline and its booming hospitality scene. One thing is certain: if Jeff Bezos decides to build here, it will be more than just a hotel—it will be a statement. TIME BUSINESS NEWS
Time of India
a day ago
- Business
- Time of India
'Scarred' from $165 billion divorce: Jeff Bezos makes 'hefty' prenup as 'precautionary measure' ahead of wedding with Lauren Sanchez
Before it becomes the 'wedding of dreams', it has to be provided with some 'protections'! Thus comes the ironclad prenup! Jeff Bezos, the Amazon founder and one of the world's richest billionaires, is set to tie the knot for the second time. Bezos is all set to get hitched to former journalist and entrepreneur Lauren Sánchez, and the lavish ceremony is reportedly set to take place sometime later this month in Venice, Italy. Now, the event promises to be a star-studded affair, drawing attention from around the globe. But before the nuptials, it's the prenup that's making headlines. Why? Read on to know more. What is a prenup? Prenup, abbreviated from the prenuptial agreement (also known as antenuptial agreement, or premarital agreement), is a written contract entered into by a couple before marriage or a civil union that enables them to select and control many of the legal rights they acquire upon marrying, and what happens when their marriage ends by death or divorce. A prenup is needed to clarify financial responsibilities during marriage and, in the event of a divorce, to specify how assets and liabilities will be divided. It also protects parties from debts incurred by their spouse and helps clarify financial obligations. Now, given Bezos' substantial fortune, estimated at $223 billion, and the shared assets of him and Sánchez, including a $78 million estate in Hawaii and a $500 million superyacht named Koru, the couple has reportedly finalized a comprehensive prenuptial agreement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Soluções de energia de confiança para Data Centers de IA Siemens Energy Read More Undo This move comes after Bezos's highly publicized divorce from MacKenzie Scott in 2019, which resulted in a $35 billion settlement due to the absence of a prenup. Learning from your 'mistakes' Jeff Bezos' previous marriage to MacKenzie Scott ended after 25 years, during which Amazon transformed from a fledgling online bookstore into a global tech titan. The duo had married in 1993, when Amazon was a simple online book retailer – not a billion-dollar corporation. The couple, who share four children, built their life and empire together over 25 years — but entered the marriage without a prenuptial agreement. The absence of a prenup in that marriage led to a significant financial settlement. The consequence? MacKenzie walked away with a 4% stake in Amazon, which made her one of the world's wealthiest women – essentially 'gaining' from her divorce. Her current net worth, according to Forbes, stands at approximately $165.3 billion. Not repeating the 'mistake' Legal experts suggest that individuals who have experienced such high-profile divorces are more inclined to secure their assets in subsequent marriages. While the exact terms of the prenuptial agreement between Bezos and Sánchez have not been publicly disclosed, it is speculated that, given Bezos's extensive assets, including his stake in Amazon, real estate holdings, and private ventures like Blue Origin, the prenup likely delineates separate and joint properties. It may also address alimony, with suggestions of a lump sum payment tied to the duration of the marriage. Notably, Bezos has committed to giving away the majority of his wealth to charitable causes during his lifetime. The prenuptial agreement likely includes provisions to ensure that his philanthropic endeavors, such as the Bezos Earth Fund, remain intact and are not disrupted in the event of a divorce. Sánchez's assets and considerations It's not only Bezos' wealth that's at stake in the upcoming marriage. Sánchez, 53, brings her own wealth to the relationship, with an estimated net worth of $30 million. She owns Black Ops Aviation, a media and production company, and has a fleet of helicopters and aircraft. Moreover, she possesses real estate assets, including a $6.2 million home in Washington, D.C. Given these holdings, it's only expected that Sánchez has also secured her assets through a prenuptial agreement. The 'dream' wedding The couple has chosen Venice, renowned for its romantic ambiance and historic charm, as the backdrop for their nuptials. Reports suggest that the ceremony may take place aboard Bezos's $500 million superyacht, Koru, off the Italian coast—a location that holds sentimental value, as it was where Bezos proposed and later celebrated their engagement with family and friends. The guest list is expected to include a who's who of celebrities and dignitaries. Notable figures such as Katy Perry, Kim Kardashian, and Kris Jenner are anticipated to attend, adding to the glamour of the event. The wedding is reportedly being organized by George and Amal Clooney's wedding planners, ensuring a meticulously curated celebration. Sources indicate that the couple is incorporating elements from their favorite places around the world into the festivities, promising a unique and personalized experience for their guests.
Time of India
3 days ago
- Entertainment
- Time of India
Jeff Bezos and Lauren Sanchez's ultra-luxury Italian wedding plans in peril as reports of trouble begin to swirl
The biggest wedding of the century apparently seems to be in great jeopardy. Jeff Bezos and Lauren Sanchez's wedding in Venice has triggered more than just excitement. Residents and activists are angry about the lavish party scheduled to take place in late June. People in Venice say that the billionaire's big day is turning their city into a playground for the wealthy, with blocked streets and luxury takeovers. Why are Venetians protesting the Bezos wedding? Jeff Bezos and Lauren Sanchez's $10 million wedding in Venice has sparked protests. Activist groups are preparing massive protests against Bezos and the local government. The incensed residents claim that the "richest and most dangerous man in the world" is holding their home hostage, as per a report by the Daily Mail. ALSO READ: Blake Lively's business takes a hit as Taylor Swift fans boycott products over allegations in Baldoni lawsuit Live Events The couple's much-anticipated wedding is scheduled for the weekend of June 24 in the Floating City. For the wedding day itself, Jeff Bezos is reportedly occupying the island of San Giorgio Maggiore, completely reserving five opulent hotels and every water taxi in Venice. Just as Venice's busiest travel season begins, heavy police presence, closed streets and airspace, and enhanced security are all necessary for the anticipated attendance of A-list celebrities, politicians, and business executives, as per a report by the Daily Mail. Although Bezos owns four Gulfstream jets, guests are likely to arrive at local airports in gas-guzzling private aircraft. However, the 61-year-old is unable to dock his $500 million superyacht Koru because it is too large to anchor near Venice. What impact is the wedding having on Venice? With Venice's canals filthy and the city's delicate lagoon being destroyed by mass tourism, the enormous carbon footprint of Bezos and his laden guests will only aggravate the locals. Self-described as a "anti-fascist, anti-capitalist, anti-racist, and trans-feminist political space," the Laboratorio Occupato Morion is already organising a protest event for Friday at its social center, which is just a short stroll from the city's historic St. Mark's Square. Why is the backlash growing? With the slogan, 'No space for Bezos, No space for oligarchs!' and a picture of Bezos' head atop a rocket, the group has already started promoting the protest online. "Jeff Bezos believes he can purchase the entire city, let's throw him a party!" the flyer says, adding information about Friday's protest. The flyer states, "Those who live in Venice on a daily basis are left with discomfort, exclusion, and precariousness, while Venice is transformed into yet another playground for billionaires." The group states, "Bezos embodies what this city and global movements have been fighting against for decades, a financial and technological oligarchy that exploits workers, the planet, and entire territories and populations." "The event is just the beginning and will culminate in a 'big demonstration' on the actual wedding day," Alice Bazzoli, a spokesperson for Laboratorio Occupato Morion, told Daily Mail. In the week leading up to the wedding, they intend to hold a variety of small-scale events, culminating in a large-scale protest on the wedding day. FAQs Why are people so upset about Jeff Bezos' wedding in Venice? Locals believe the rich are taking over their city, with tight security, closed spaces, and environmental concerns disrupting life during peak tourist season. Is a protest planned? Yes, activists are planning events and a large demonstration on the wedding day to protest the disruption and Bezos' presence.
Hindustan Times
3 days ago
- Entertainment
- Hindustan Times
Jeff Bezos and Lauren Sanchez's glamorous Venice wedding hit with protests: Here's why locals are fuming
Jeff Bezos and Lauren Sanchez's lavish Italian wedding may still be weeks out, but it's already stirring controversy in Venice. Locals are voicing outrage, claiming their city is being "held hostage" by the "richest and most dangerous man in the world," as preparations for the high-profile event disrupt their ecosystem. Also Read: Taylor Swift mocked for her handwriting, font of latest letter to fans: 'Can barely read' Set for the weekend of June 24, Bezos and Sanchez's highly anticipated wedding in Venice has sparked frustration among locals. Many Venetians accuse the billionaire of transforming their city into a 'playground' for the ultra-wealthy and are reportedly organizing protests to push back against the disruption. Their wedding is expected to be decorated with various A-list celebrities and politicians, which means there will be a lot of security, street and airspace closures along with a strong police presence right when the city will witness its peak tourist season. The Laboratorio Occupato Morion, a self-described 'anti-fascist, anti-capitalist, anti-racist and trans-feminist political space' has already made plans to organise a protest against the Amazon founder on Friday in the city which is only at a short walk's distance from St. Mark's Square. The group also advertised the protest online as they shared flyers with the slogan 'No space for Bezos, No space for oligarchs!' The flyer further read, 'Jeff Bezos thinks he can buy the entire city - let's throw him a party!' along with details of the Friday protest. The spokesperson of The Laboratorio Occupato Morion group, Alice Bazzoli, told Daily Mail that Friday's protest is just a demonstration which will culminate in a 'big demonstration' on the wedding day. She continued, 'Tomorrow will mark the first public assembly, an open call to citizens, grassroots movements, and associations to organize demonstrations during Jeff Bezos' stay in Venice for his luxurious wedding.' Bazzoli added, 'We plan to have lots of different small actions in the week before the wedding and to converge in a big demonstration on the day of the wedding.' She further explained, 'During this period, the city will be held hostage by one of the world's richest men, becoming heavily militarized and deprived of its spaces and services. Bezos has rented an entire island, numerous hotels, taxis, and services to host his party and guests. This will exacerbate the already problematic movement around the city, particularly with the onset of the tourist season.' She also remarked, 'We cannot accept the presence of such a character in our city, which has a strong anti-fascist tradition, and rejects oligarchs who support authoritarian governments, such as Trump's USA.'
