who sold jeff bezos the washington post?

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    Founder and CEO of Amazon, Jeff Bezos, has agreed to acquire the Washington Post newspaper for $250 million (£163 million). A personal account is being used by Mr Bezos to purchase the paper and its other print properties. Owners of The Post since 1980 have been the Graham family.

    who sold jeff bezos the washington post - Related Questions

    Is the Washington Post being sold to Jeff Bezos?

    The newspaper was purchased by Jeff Bezos for US$250 million in 2013. Currently, Nash Holdings LLC, a company controlled by Bezos, owns the newspaper. As part of the sale, other local publications, websites, and real estate were included as well.

    Why did Jeff Bezos purchase the Washington Post?

    The Washington Post was purchased by Bezos because the billionaire believes "in journalism as a way to shape policy, to inform the public, and to grow the people's trust". Baron believes it is important to have an institution like the Post and that it has a bright future.

    Did Amazon buy the Washington Post?

    The Washington Post was acquired by Amazon chief Jeff Bezos in 2013, and within three years it doubled its web traffic and became profitable - an impressive feat for a media company struggling hington Post in 2013, and within three years the paper had doubled its web traffic and become profitable – an impressive feat for a media company that struggled in the wake of the financial crisis.

    Is The Washington Post privately owned?

    We are pleased to announce that, effective June 15, The Washington Post Company is selling its Class B common stock for $26 per share to the general public. Up until then, The Post Company was a privately held company. With the symbol WPO, its shares are traded on the New York Stock Exchange. The Graham family holds a majority of Class A shares.

    who sold jeff bezos the washington post?

    It is GrahamGraham who knows. Six years ago, he was instrumental in getting his family's newspaper sold to Bezos.

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