Media Blog

Jeff Bezos Buys the Washington Post

For $250 million. Details here.

To put the price of the purchase in perspective, it’s roughly 1 percent of Bezos’s net worth.

Other recent “investments” by Bezos include $42 million for a clock in Texas that will last for 10,000 years, and a reported $175 million for his startup-space exploration company, Blue Origin. 

Blue Origin’s test of a rocket exploded over Texas in 2011. For the sake of Post employees I hope that’s not a harbinger of what’s in store for the paper.

 

Exit mobile version