Jeff Bezos' Billionaire Dad With $40 Billion Fortune Hires CEO To Run His Family Office - Meta Platforms (NASDAQ:META), Amazon.com (NASDAQ:AMZN)
AmazonAmazon(US:AMZN) Benzinga·2025-09-28 06:44

Group 1 - Mike Bezos is significantly expanding his family office, Aurora Borealis, to manage multi-generational wealth, reflecting a growing trend of private family offices in the U.S. [1] - Aurora Borealis has hired Valeria Alberola as CEO to oversee operations and is in search of a Chief Investment Officer to manage the family's investment portfolio [2] - The family office, established in 2020, is undergoing a major expansion to support the second and third generations of the Bezos family [3] Group 2 - Mike Bezos' fortune is estimated at over $40 billion, including stakes in Amazon, Uber Technologies, and Meta Platforms [4] - The Bezos Family Foundation has made stock gifts in recent years to diversify holdings beyond Amazon [4] - Jeff Bezos credited his parents' early investments in Amazon as crucial startup capital that helped launch the company [5] Group 3 - Jeff Bezos' early family support and calculated risks laid the foundation for Amazon's success, with significant investments from his siblings that could have yielded substantial returns [6][7]