Eva Longoria Receives $50 Million Philanthropic Grant from Jeff Bezos

Eva Longoria Receives $50 Million Philanthropic Grant from Jeff Bezos

Renowned actress Eva Longoria has been awarded a substantial $50 million grant for her philanthropic endeavours by Jeff Bezos, the founder of Amazon and one of the world’s wealthiest individuals. The generous grant provides Longoria, 49, with the opportunity to direct the considerable sum towards charitable initiatives of her choice, furthering her longstanding commitment to…

Jeff Bezos Completes $8.5 Billion Amazon Share Sale Plan
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Jeff Bezos Completes $8.5 Billion Amazon Share Sale Plan

Amazon’s founder, Jeff Bezos, has finalized another phase of his share sale plan, disposing of approximately 14 million Amazon shares valued at around $2.4 billion (£1.9 billion). This recent sale marks Bezos’s divestment of approximately 50 million Amazon shares over the past nine trading days, totalling approximately $8.5 billion. Bezos had previously disclosed intentions to…

Amazon Founder Jeff Bezos Sells Over $4 Billion in Company Shares

Amazon Founder Jeff Bezos Sells Over $4 Billion in Company Shares

Multi-billionaire Jeff Bezos has continued to divest from Amazon, selling a significant portion of his shares in the tech giant, totalling more than $4 billion (£3.2 billion) in recent days. Bezos, who founded Amazon in 1994 and currently serves as its executive chair, has sold 24 million Amazon shares this month alone, according to statements…

Jeff Bezos May Cash Out Billions in Amazon Stock This Year

Jeff Bezos May Cash Out Billions in Amazon Stock This Year

Amazon’s founder, Jeff Bezos, is considering selling up to 50 million shares of Amazon stock over the next year, as revealed in a regulatory filing on Friday. The estimated value of these shares currently stands at nearly $8.6 billion, reflecting the stock’s current price. This strategic move comes on the heels of Amazon’s announcement of…

Jeff Bezos Nears Decision on The Washington Post’s New Chief Executive

Jeff Bezos Nears Decision on The Washington Post’s New Chief Executive

The Washington Post, a publication that witnessed a surge in readership during the tumultuous presidency of Donald Trump, is gearing up for a change in leadership. Owner Jeff Bezos is on the verge of announcing a new chief executive and publisher, a development expected to occur in November or even sooner, as reported by Puck’s…

Longtime Amazon Executive to Take Over Jeff Bezos’ Rocket Company
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Longtime Amazon Executive to Take Over Jeff Bezos’ Rocket Company

Blue Origin, the space tourism and rocket company founded by Jeff Bezos, is undergoing a leadership change as Dave Limp, a senior executive at Amazon, prepares to take the reins as the new CEO. The current CEO, Bob Smith, who has been at the helm since 2017, will step down from his role, according to…

Jeff Bezos and Lauren Sánchez Pledge $100 Million to Maui Recovery

Jeff Bezos and Lauren Sánchez Pledge $100 Million to Maui Recovery

Jeff Bezos, the founder of Amazon, and his fiancée Lauren Sánchez have announced a substantial contribution of $100 million to aid in the recovery efforts following the devastating wildfires that have ravaged Maui. Sánchez shared the news on her Instagram account, expressing their heartfelt concern for the island’s communities affected by the disaster. In a…

Jeff Bezos Says He Will Give Most of His Money to Charity

Jeff Bezos Says He Will Give Most of His Money to Charity

Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth during his lifetime as reported by CNN. In an exclusive interview with CNN, he revealed that he will devote the bulk of his wealth to fighting climate change and supporting people who can unify humanity in the face of…