The Washington Post is believed to be up for sale, according to a source with knowledge of the matter. However, according to multiple media reports, a spokesperson for Bezos said that The Washington Post is not for sale.
Jeff Bezos, the owner of Amazon, is counted among the richest people in the world. Now a big news related to him is coming. According to the New York Post, Amazon founder Jeff Bezos may sell the American newspaper Washington Post to buy the football team Washington Commanders. The Washington Post is believed to be up for sale, according to a source with knowledge of the matter. However, according to multiple media reports, a spokesperson for Bezos said that The Washington Post is not for sale.
A spokesperson for the Journal also said the paper is not for sale. Notably, Bezos bought The Washington Post in 2013 for USD 250 million. The New York Post reported that Bezos is trying to clear the way for Commanders to buy from its owner Dan Snyder. The Commanders have won three Super Bowls, taking home the Lombardi Trophy in 1983, 1988 and 1992. According to reports, Bezos is facing trouble as the Commanders’ struggling owner, Dan Snyder, is also fuming over a series of scathing news papers that exposed a toxic management culture at the team. In which the boss, including Snyder, has been alleged to be responsible for sexual harassment.
Commander apparently accepted a first round of bids from potential buyers last week, but Bezos is not believed to be one of them. Bezos has publicly stated that owning a newspaper was never his goal. To ensure financial stability and to fuel online expansion, it was bought from its former owner, Donald. In addition, Bezos has repeatedly claimed that football is his favorite sport, but has not publicly stated whether he would like to own a National Football League (NFL) team.
If Bezos makes a bid for the team, it could be a tough test for Snyders. Actually Jeff Bezos, the founder of Amazon, who is one of the richest people in the world. He revealed in November what he plans to do with his eventual billion-dollar fortune. In an interview with American broadcaster CNN, the billionaire said he is working on a plan to donate most of his wealth to charitable causes during his lifetime.
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