In other news, Bezos' companies are performing well, with Amazon's stock price rising over 20% since January 1. Bezos has also committed $100 million to a fundraising project for Figure AI, a robotics startup. Another Bezos-backed firm, KoBold Metals, has discovered a large copper resource in Zambia, which could be used for renewable energy and electric vehicles.
Key takeaways:
- Jeff Bezos, the founder of Amazon, is reportedly purchasing another multimillion-dollar home in Indian Creek Island, Miami, for $90 million.
- Bezos is moving to Miami to be closer to his parents and Blue Origin, and he plans to live in his new estate while demolishing other island houses he previously acquired.
- Despite selling off almost $8.5 billion worth of Amazon shares since February and losing his position as the world's richest person to Bernard Arnault, Bezos still has a net worth of $203 billion.
- Bezos' companies, including Amazon and Figure AI, Inc., are performing well, with Amazon's stock price rising over 20% since January 1 and Figure AI seeking $675 million at $2 billion pre-money in a fundraising project.