The boss of Amazon, Jeff Bezos, has agreed to purchase the Washington Post newspaper for $250m (£163m). Mr Bezos is buying the paper and its other print properties in a personal capacity. The Post has been owned by the Graham family for 80 years.
Does Jeff Bezos still own the Washington Post?
Bezos plans to ride to the edge of space aboard a Blue Origin rocket just two weeks after stepping down. He also owns The Washington Post. There’s not much of a template for business titans who step back from their top jobs.
Who owns Washington Post now?
In 2013, Jeff Bezos purchased the paper for US$250 million. The newspaper is now owned by Nash Holdings LLC, a company controlled by Bezos.
Is The Washington Post privately owned?
On June 15, The Washington Post Company went public with the sale of Class B common stock to the general public for $26 per share. Until then The Post Company had been privately held. Its stock is listed on the New York Stock Exchange with the symbol WPO.
Who owned the Washington Post before Bezos?
Donald Graham, whose family had owned The Post for almost 80 years before he sold it to Mr. Bezos, said he was “delighted” by the editorial.
Who owns the Post?
In the mid-20th century, the paper was owned by Dorothy Schiff, a devoted liberal, who developed its tabloid format. In 1976, Rupert Murdoch bought the Post for US$30.5 million. Since 1993, the Post has been owned by Murdoch’s News Corp.
Who owns Graham holdings?
Graham, his sister Lally Weymouth, and the beneficiaries of various family trusts) collectively control the company through their ownership of the unlisted Class A common stock that selects 70% of the company’s board of directors. As of 2014, it forms more than 90% of the family’s assets.
What does Nash Holdings own?
Bezos is buying us with his personal fortune rather than through Amazon. So who owns who with the what now? Nash Holdings LLC is buying The Washington Post. Nash Holdings is Jeff Bezos’s personal investment firm, so basically Bezos himself is buying The Post.
What media does Jeff Bezos own?
Media Owned By Jeff Bezos Or Amazon:
- MGM Studios.
- The Washington Post.
- Amazon Prime Video.
Does Jeff Bezos have kids?
All about Jeff Bezos’ children Jeff Bezos and MacKenzie Scott are parents to four children – three sons and one daughter.
Who is Jeff Bezos wife?
That came just days after Bezos announced on Twitter that he and wife MacKenzie Scott were divorcing after 25 years of marriage. Bezos’ divorce was finalized in April 2019. That same month, Sánchez filed for divorce from talent agent Patrick Whitesell. Their divorce was finalized in October 2019.
Who owned Amazon?
Amazon is owned by Jeff Bezos, although in early 2021 he announced that he would be stepping down as CEO of the company. Along with Jeff, the top individual insider shareholders of the company are Andrew Jassy, and Jeffrey Blackburn.
How many companies does Jeff Bezos own?
As of 2020, Bezos Expeditions invested in more than 66 companies including famous companies like Airbnb and Uber. Bezos Day One Fund – a philanthropic organisation Bezos founded to help low-income families.