Latest Jeff Bezos News

Editorial Roundup: U.S.

Jun. 16, 2021 12:25 PM EDT

Excerpts from recent editorials in the United States and abroad: June 15 The Guardian on U.S. President Joe Biden, China and Europe: It is 50 years next month since Henry Kissinger embarked on the secret mission to Beijing that...

MacKenzie Scott donates $4M to Maine arts programs

Jun. 16, 2021 09:55 AM EDT

PORTLAND, Maine (AP) — Billionaire philanthropist MacKenzie Scott has included the Maine Community Foundation’s Maine Expansion Arts Fund and Yarmouth's 317 Main Community Center in her latest round of donations. The Maine Expansion Arts Fund received $2.5 million and...

Bezos' ex-wife, Scott, gives millions to 2 Chicago colleges

Jun. 15, 2021 18:09 PM EDT

CHICAGO (AP) — Two Chicago educational institutions have received donations from philanthropist MacKenzie Scott, the largest gifts from a single person in their histories, officials said Tuesday. Kennedy-King College, a branch of City Colleges of Chicago, was given $5...

Mackenzie Scott makes large gifts to 3 Florida schools

Jun. 15, 2021 17:43 PM EDT

ORLANDO, Fla. (AP) — Mackenzie Scott, the former wife of Amazon founder Jeff Bezos, on Tuesday donated $40 million each to two state universities in Florida that have a history of promoting social mobility and educating students from communities traditionally underserved by higher...

MacKenzie Scott, citing wealth gap, donates $2.7 billion

Jun. 15, 2021 17:28 PM EDT

MacKenzie Scott, the billionaire philanthropist known for her unexpected multi-billion dollar donations to charities and racial equity causes, announced Tuesday that she has given $2.7 billion to 286 organizations. It is the third round of no-strings-attached, major philanthropic gifts Scott...

Winning auction bid to fly in space with Jeff Bezos: $28M

Jun. 12, 2021 13:52 PM EDT

CAPE CANAVERAL, Fla. (AP) — An auction for a ride into space next month alongside Jeff Bezos and his brother ended with a winning $28 million bid Saturday. The Amazon founder's rocket company, Blue Origin, did not disclose the winner’s name following the live online...

Leak of billionaires' tax data draws GOP outcry over privacy

Jun. 10, 2021 17:12 PM EDT

WASHINGTON (AP) — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. A...

ProPublica: Many of the uber-rich pay next to no income tax

Jun. 08, 2021 15:17 PM EDT

WASHINGTON (AP) — The rich really are different from you and me: They’re better at dodging the tax collector. Amazon founder Jeff Bezos paid no income tax in 2007 and 2011. Tesla founder Elon Musk’s income tax bill was zero in 2018. And financier George Soros went...

Jeff Bezos will blast into space on rocket's 1st crew flight

Jun. 07, 2021 15:54 PM EDT

CAPE CANAVERAL, Fla. (AP) — Outdoing his fellow billionaires in daredevilry, Jeff Bezos will blast into space next month when his Blue Origin company makes its first flight with a crew. The 57-year-old Amazon founder and richest person in the world by Forbes' estimate...

MacKenzie Scott’s no-strings gifts extend beyond grantees

Jun. 02, 2021 19:57 PM EDT

MacKenzie Scott stormed the philanthropy world last year with $5.7 billion in unrestricted donations to hundreds of charities. The seven- and eight-figure gifts were the largest many had ever received. At the time, few people understood the multiplier effect those gifts would have or how...