In a press release, the Bezos Earth Fund said it had awarded 44 grants to climate organisations, including a $140 million donation to President Biden’s Justice40 initiative and a $51 million donation to support land restoration in the US and Africa. The grants are part of Bezos’ $10 billion commitment to support scientists, activists, and […]
Liftoff is scheduled for 9:30 am CT on December 9 from Blue Origin’s launch facilities in Texas. Strahan and Laura Shepard Churchley, daughter of first American astronaut Alan Shepard, will be joined by investors Evan Dick, Dylan Taylor, Lane Bess, and Bess’ son Cameron Bess. Blue Origin has called Strahan and Shepard Churchley its “honorary […]
According to a report by Bloomberg Wealth, the $50 billion drop marks the largest ever two-day decline recorded in the history of the Bloomberg Billionaires Index. While Musk still maintains his spot as the world’s richest man, his loss has narrowed the gap between the Tesla CEO and Amazon founder Jeff Bezos, the second richest […]
The station would function as a “mixed-use business park”, capable of hosting up to ten people at a time in low Earth orbit. Inside the 32,000 sq ft station, there will be designated areas for “film-making in microgravity”, “conducting cutting-edge research”, and a “space hotel”. In a statement, Blue Origin said: “The station will open the […]
The superyacht, known as the Y721, spans 417ft. It was rolled out in the Zwijndrecht shipyard in the west of the Netherlands earlier this week, since generating much excitement. The Y721 is set to be the largest sailing yacht in the world when it is finally complete in 2022, overtaking the current largest ocean passenger […]
According to Bloomberg’s Billionaires Index, Tesla and SpaceX CEO Elon Musk has once again overtaken Amazon founder Jeff Bezos as the world’s richest person thanks to Tesla’s soaring stock. On Friday, Tesla’s shares closed at $843.03 per share, a 3% increase on the day which takes the EV maker’s year-to-date gains to approximately 20%. Tesla’s […]
Indonesian e-commerce startup Ula launched last year and has since raised over $30 million and courted several high-profile investors. It has now won the trust of the world’s richest man, with Bezos investing in the company’s new financing round. In a statement released on Monday, it was announced that Bezos Expeditions, Northstar group, AC Ventures […]
Many critics of social inequality highlight the fact that differences in income have grown in recent decades – a manager today earns much more relative to his employees than in the past. Dr Rainer Zitelmann dives into the ins and outs of the trend.
BHP and KoBold Metals will work together in their search for nickel, lithium, cobalt, and copper in Australia. The companies’ 3-year partnership could help to source nickel used in Tesla’s vehicles, with BHP signing a deal with the electric vehicle manufacturer back in July. KoBold Metals, a mineral exploration company based in Silicon Valley, uses […]
The Amazon founder’s space company has argued that the contract was unfairly awarded to SpaceX and has filed a suit with the US Court of Federal Claims. In a statement, Blue Origin said: "We firmly believe that the issues identified in this procurement and its outcomes must be addressed to restore fairness, create competition, and […]
Andre Oentoro, founder of Breadnbeyond, shares 10 amazing lessons that CEOs can take from Bezos' letters to shareholders. Although many leaders often mention phenomenal tech entrepreneurs as their true inspiration, like Steve Jobs, Mark Zuckerberg, Jack Ma, Elon Musk, and Bill Gates, Bezos' name used to be overshadowed in the past few years—until his resignation […]
In an open letter to NASA administrator Bill Nelson, Bezos said he would waive up to $2 billion in contract payments for the first two years if NASA agrees to add his space company, Blue Origin’s, lunar lander to a key phase of its Human Landing System programme. The programme will see humans landing on […]
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