BE­ZOS EYES WASHINGTON

The Washington Times Weekly - - Politics -

The mar­ket value of Ama­zon re­cently rose over $1 tril­lion. That makes Ama­zon founder Jeff Be­zos worth around $166 bil­lion — his salary $260 mil­lion a day, ac­cord­ing to the Bloomberg Bil­lion­aires Index. This phe­nom­e­non vexes Sen. Bernard San­ders, who has launched a pe­ti­tion against the wages Mr. Be­zos of­fers his em­ploy­ees, but that is an­other story.

Mean­while, Mr. Be­zos seeks to es­tab­lish “HQ2,” the acro­nym for a sec­ond head­quar­ters for his vast Seat­tle-based com­pany. Forbes mag­a­zine says he will head to the nation’s cap­i­tal, where he al­ready owns The Washington Post.

“Forbes is bet­ting on Washington, D.C., where Be­zos al­ready has a base and which has the tal­ent, lo­gis­tics and ac­cess to in­flu­encers; by short-list­ing both the Vir­ginia and the Mary­land suburbs, as well as the District of Columbia, Be­zos can also play three gov­ern­ments within one metropoli­tan area against each other for the best sweet­heart deal,” writes Ran­dall Lane, the mag­a­zine’s editor — who man­aged to get an in­ter­view with Mr. Be­zos him­self.

The ty­coon re­vealed that he doesn’t get in­volved much with day-to-day op­er­a­tions, and is more in­ter­ested in roadmap-style man­age­ment, his gaze trained on the fu­ture.

“I very rarely get pulled into the to­day. I get to work two or three years into the fu­ture, and most of my lead­er­ship team has the same setup,” Mr. Be­zos said.

“Friends con­grat­u­late me af­ter a quar­terly earn­ings an­nounce­ment and say, ‘Good job, great quar­ter,’ and I’ll say, ‘Thank you, but that quar­ter was baked three years ago.’ I’m work­ing on a quar­ter that’ll hap­pen in 2021 right now,” Mr. Be­zos said. “I come up with ideas. We could sit here with an idea, and I could fill this white­board in an hour with 100 ideas.”

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.