Jeff Bezos' superyacht is so big it needs its own yacht UPDATE:They gotta take apart a bridge to get it out...now under sea trials

Dannyblueyes

Aka Illegal Danny
BGOL Investor
In 1889 Henry Frick made the city of Johnstown lower the dam to accommodate the large carriages headed to his social club.

A few months later a massive flood collapsed the dam, destroyed the city and killed 2,200 people.

Surely a sea level country destroying vital infrastructure to accommodate the wealthy wouldn't have the same problem in 2022 though, right?
 

lightbright

Master Pussy Poster
BGOL Investor
Amazon more than doubles salary caps to $350,000 for US white-collar employees

I'm thinking that's where most of the Prime subscription hike's going... :hmm:

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Elaine Thompson/AP
Amazon is dramatically increasing salary caps for its US-based technology and corporate workforce.
By Brian Fung, CNN Business
Amazon is dramatically increasing salary caps for its US-based technology and corporate workforce, in a nod to how the pandemic has exacerbated an already fierce competition for talent nationwide.
The e-commerce and cloud computing giant announced in an internal blog post Monday that the company’s maximum base pay in the United States is more than doubling, to $350,000 a year from $160,000.
The blog post, a copy of which CNN reviewed, added that Amazon is also “increasing overall compensation ranges for most jobs globally, and the increases are much more considerable than we’ve done in the past.” Those changes apply to Amazon corporate and technology employees worldwide.

“This past year has seen a particularly competitive labor market, and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive for attracting and retaining top talent, we decided to make meaningfully bigger increases to our compensation levels than we do in a typical year,” the internal post said.

Amazon spokesperson Kelly Nantel declined to comment on the blog post but confirmed its authenticity.

It’s not clear how many Amazon employees may directly benefit from the change or will soon earn the top-tier pay rate, but the blog post said Amazon’s base pay cap had been kept at $160,000 “for several years.”

The change comes as Amazon kicks off its annual performance evaluation season this week. An additional change, the blog post said, is that employees who are promoted into a new pay band will see the results of that promotion in the year it occurs through the granting of additional mid-year stock compensation. Previously, the post said, promotions only provided “a base pay increase prior to the next annual compensation cycle.”


Amazon more than doubles salary caps to $350,000 for US white-collar employees – KION546

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BigATLslim

Rising Star
BGOL Investor
MSM focusing on this yacht while this colonizer, literally, is trying to build an Amazon headquarters on indigenous land in South Africa.
These billionaires are looking more and more everyday like James Bond villains.

When I was a kid, I knew those characters were fiction, and never imagined there could be people like that, in real life.

Now?

There are no checks on people with that kinda power and thats scary.

If you can finance and build a space station, you can't tell me that he couldn't build a nuke, a delivery system, or a deadly virus.

Just cuz you got billions doesn't mean you have benevolent intentions.
Yep, they have always existed and they are dangerous.

It’s one of the reasons you and I grew up in the West and not the center of the earth.
That's what the Trumpites do.

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And the ironic fact is, he ain’t even one.
 

lightbright

Master Pussy Poster
BGOL Investor
Bezos' Wait Is Over — World's Largest Superyacht Worth $500 Million Finally Delivered To Amazon Founder

AA19ElYz.img

Bezos' Wait Is Over — World's Largest Superyacht Worth $500 Million Finally Delivered To Amazon Founder

Amazon
(NASDAQ: AMZN) founder Jeff Bezos has finally gotten his pricey, luxurious superyacht that has been catching eyes.

What Happened: The superyacht, which was reportedly priced at $500 million and ordered by Bezos, was handed to its new owner on Thursday, Business Insider reported, citing yachting publication Boat International.

The vessel, otherwise known as Koru, is 127 meters long, the world’s largest sailing yacht and the largest one built in the Netherlands, according to Boat International.

Sea trials of the vessel had been taking place since February, marking the final phases of construction. Construction of the yacht, which previously went by the code name Y721, took about five years.

At one point last year, Oceano, the Dutch custom yacht builder responsible for Koru, found itself mired in controversy when it requested the dismantling of a historic bridge in Rotterdam to allow for Koru’s three tall masts to pass under the bridge. Locals protested against the dismantling, forcing Oceano to tow the boat under the cover of night to another shipyard without its masts. The masts were installed later.

The yacht is reportedly the tallest in the world, with a height of 230 feet, and requires a crew of 40 sailors to operate. Apart from its $500 million price tag, it also involves an annual operating cost of $25 million.

Why It's Important: Bezos, who stepped down as Amazon's CEO but continues to be the e-commerce retailer's executive chairman, is the world’s third-richest man with a net worth of around $125.1 billion, according to Forbes.

The Amazon founder is well known as the partying type — in 2022, he and his girlfriend Lauren Sanchez ringed in the new year on a $42,000 per week superyacht in the Caribbean.



Bezos' Wait Is Over — World's Largest Superyacht Worth $500 Million Finally Delivered To Amazon Founder (msn.com)
 

lightbright

Master Pussy Poster
BGOL Investor
Construction halted on Jeff Bezos’ megamansion as net worth drops by $57B

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An aerial of the property.

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It’s located in Beverly Hills.

Construction has been halted on Jeff Bezos’ Beverly Hills megamansion as his application to expand the property in excess of 15,000 square feet is pending approval, The Post has learned.

An initial application for a Hillside R-1 Permit was submitted in 2021, but denied on the technical basis of incompletion.

It was later approved until Bezos, 59, submitted a new request to add a “game court fence with lighting,” filed in January of this year, project records show.

But the Amazon founder’s application was once again denied on the basis of incompletion.

“Now he submits a new application for a different scope on that construction, and he can’t build with the scope associated with the request,” senior city council planner Judy Gutierrez told The Post.

“The Hillside R-1 Permit submitted in January 2023 has not been scheduled for a Planning Commission hearing,” Gutierrez added, which means renovations will remain on hold indefinitely until a hearing is set.

Bezos’ initial 2021 application, which scored city planning approval last April, submitted requests to build a new pool house, a powder room and retaining walls — adding around 1,000 square feet to the 28,000-square-foot mansion.

The home’s previous owner, film and music industry magnate David Geffen, 80, had obtained permits to allow the maximum allowable floor area to exceed 15,000 square feet, but not beyond that.

“The maximum allowable floor area would be 69,139 square feet,” according to a report from the Beverly Hills planning commission.

Photos obtained by The Post show aerial shots of the home in a standstill, with construction equipment on the ground but no workers.

The Post has reached out to Bezos’ reps for comment.

Bezos dropped $165 million for the nearly 10-acre property back in 2020.

But the move doesn’t seem to impact his latest blow, which showed that the founder, executive chairman, and former president and CEO of Amazon’s net worth dropped $57 billion last year.

That was due to a 38% drop in Amazon’s stock price as of March 10.

Known as the legendary Jack Warner Estate after the former president of Warner Bros. Entertainment., the $165 million deal set a Los Angeles record until Marc Andreessen beat out Bezos’ record, paying $177 million for a sprawling 7-acre Malibu compound in 2021.

Previously, the title went to media executive Lachlan Murdoch, who paid $150 million for the Bel-Air estate known as “Chartwell,” which served as the Clampett residence in the popular 1960s TV show “The Beverly Hillbillies.”

The compound today includes a three-story main house, a guest house, gym, a pergola and a security guard house.

The new pool house will be around 697 square feet in size. The powder room will be below ground.


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A closer-up shot of the construction process.

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Bezos bought the property for nine figures in 2020.


Construction halted on Jeff Bezos' Beverly Hills mansion (nypost.com)
 
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