Popular Science -
5 Aug 2013 23:54

"I shall name it the Washington Bezost," he definitely didn't say. Jeff Bezos, the founder and CEO of Amazon, will purchase the Washington Post and several of its holdings for $250 million, according to a report from, um, the Washington Post. Amazon is not involved in the purchase; Bezos is buying the Post from the Graham family--which has owned it for four generations--entirely on his own, out of pocket. $250 million, it should be said, is less than one percent of Bezos's net worth, which is es...
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