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Jeff Bezos' Billionaire Dad With $40 Billion Fortune Hires CEO To Run His Family Office - Meta Platforms (NASDAQ:META), Amazon.com (NASDAQ: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]
Asia’s Richest Families Are on a Gold Hustle
Bloomberg Television· 2025-08-20 01:00
Asia's wealthiest families are driving a new gold rush. Only this time, some are rewriting the rules of a century's old trade. Gold has long been a hedge for investors in uncertain times.And with wars, inflation, and central bank launderers, demand has exploded. Billionaire families in Asia are even finding ways to turn it into a business. Some are leasing their gold to local jewelers to earn up to 4% returns on top of any price appreciation.Others are partnering with traders and even flipping discounted ba ...