A Mogul Gets a Landmark in the Capital
By NICK WINGFIELD and DAVID STREITFELD, NYT
SEATTLE — The Washington of Jeffrey P. Bezos has been the one of disruptive technology, fleece jackets and software engineers. He has shown little interest in the Washington of politics, power suits and Woodward and Bernstein.
Yet now, from his tech frontier in Seattle, Mr. Bezos has bridged those far-flung worlds by buying The Washington Post.
The purchase price of $250 million is a pittance for a man who ranked 19th on Forbes magazine’s list of billionaires, with an estimated fortune of more than $25 billion. But the deal was still an astonishing move for a magnate who has kept a low profile in politics and has said almost nothing about his interest in newspapers, except that he reads them.
Nonetheless, Mr. Bezos will now have a microphone as powerful as anyone in Washington and outside the West Wing. Keeping with a lot of his tech industry peers, he brings with him a sort of libertarian bent, having supported gay marriage in the state of Washington and fought higher income taxes on wealthy people.
(More here.)
SEATTLE — The Washington of Jeffrey P. Bezos has been the one of disruptive technology, fleece jackets and software engineers. He has shown little interest in the Washington of politics, power suits and Woodward and Bernstein.
Yet now, from his tech frontier in Seattle, Mr. Bezos has bridged those far-flung worlds by buying The Washington Post.
The purchase price of $250 million is a pittance for a man who ranked 19th on Forbes magazine’s list of billionaires, with an estimated fortune of more than $25 billion. But the deal was still an astonishing move for a magnate who has kept a low profile in politics and has said almost nothing about his interest in newspapers, except that he reads them.
Nonetheless, Mr. Bezos will now have a microphone as powerful as anyone in Washington and outside the West Wing. Keeping with a lot of his tech industry peers, he brings with him a sort of libertarian bent, having supported gay marriage in the state of Washington and fought higher income taxes on wealthy people.
(More here.)
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