Top business stories this week: Rebekah Neumann, Jeff Bezos, SpaceX – Business Insider – Business Insider

Top business stories this week: Rebekah Neumann, Jeff Bezos, SpaceX – Business Insider – Business Insider

Jeff Bezos
Hello! Adam and Rebekah Neumann. Jeff Bezos. Elon Musk. They dominated headlines through 2019, and this week I wanted to highlight a bunch of great stories on that very group. The Neumanns cofounded WeWork, and after the startup's downfall last summer, and Adam's departure as CEO, the pair moved to Israel to escape media scrutiny. Dana Schuster has an excellent weekend read on Rebekah, who has been described as the spiritual, strategic mastermind behind both WeWork and her husband. She was the driving force behind the company's controversial S-1 documents, and obsessed with how she and Adam could brand themselves via WeWork's IPO. As Dana reports, despite genuinely wanting to do good for mankind, Rebekah lavished in the billionaire lifestyle, even flying her hairdresser to WeWork's London Summer Camp one year. Meanwhile, WeWork has a new CEO, and has undergone a board shakeup that will see three longtime directors depart. Jeff Bezos has had his own year of drama, including everything from protests outside his $80 million NYC penthouse to phone hacking and lurid photos. As Eugene Kim reports, that makes it more important than ever for Bezos to rely on his team of direct reports to help him run ....


Eugene identified the nine most powerful people at Amazon who report directly to Bezos, with roles covering everything from e-commerce and cloud computing to hardware devices and public policy. You can read more about them here.  In addition, as Eugene reports, Amazon is giving more responsibilities than ever to its logistics boss Dave Clark, who has risen from warehouse manager to being one of the company's most senior executives. He now oversees teams covering everything from marketing and the Prime membership program to physical stores and the incipient drone delivery service. You can read more about Clark and his 15 direct reports here.  Elsewhere in Amazon news: Steve Nesius/Reuters Lastly, there's Elon Musk. Musk's rocket company SpaceX is building a Starship rocket-development site and future Mars spaceport in Boca Chica, a remote beach area at the southern tip of Texas. Here's what you need to know: SpaceX established its launch site amid a hamlet of about three-dozen homes owned by retiree-age residents. Following a marathon of construction and testing, SpaceX in late 2019 presented every homeowner with a buyout offer. While many residents initially rejected the deal, SpaceX has managed to persuade more than half of the ....

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