Jeff Bezos, Amazon billionaire in the hot seat

Back in January, Jeff Bezos was so excited to hobnob with the Washington elite that he welcomed lots of them to his $23 m estate although parts of the home were still under restoration.

The event of heavy players at the transformed museum now called the “Amazon embassy” consisted of Ivanka Trump and Jared Kushner, Federal Reserve chairman Jay Powell and previous defence secretary Jim Mattis, yet in some way “it was very small, low key”, one visitor stated. Mr Bezos delicately socialized over mixed drinks, without any obvious program. “It must be strategic, right?” the visitor stated. “He’s not an idiot. He just doesn’t wear it on his sleeve as others have. He’s doing a good job of being subtle, ingratiating himself in DC.”

On Wednesday, Mr Bezos discovered himself attempting to money in on that built up goodwill. He, and his equivalents at Apple, Facebook and Google, were summoned– from another location– to safeguard the runaway success of their business at that most uncomfortable of Washington events, a congressional committee hearing. In the spotlight over antitrust issues, Mr Bezos looked for to safeguard the stretching innovation business that has actually made him the world’s wealthiest guy with an opening declaration soaked in dreamy American rhetoric of chance and addition.

“My mama, Jackie, had me when …

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