Is Jeff Bezos thinking about Vogue magazine as a wedding gift for his new bride, Lauren Sánchez? According to The Daily Mail, there is speculation that the Amazon billionaire may be preparing to acquire Condé Nast, the iconic publisher of Vogue, Vanity Fair, GQ, among other media outlets.The buzz became louder when longtime Vogue editor-in-chief Anna Wintour stepped down recently.
Is A Deal In The Works?
The Newhouse family, who privately own Condé Nast through Advance Publications, have insisted the titles are not for sale.
Still, the use of Sánchez, a former journalist, on the digital cover of Vogue’s July issue —wearing a Dolce & Gabbana wedding dress chosen by Wintour — has many wondering if it’s part of a possible deal with Bezos, whose net worth is $233 billion.
Bezos is no stranger to media acquisitions. In 2013, he bought The Washington Post for $250 million in cash.
The rumor mill about Bezos now being interested in Vogu have been fueled by Wintour’s stepped’s departure. She stepped down as U.S. Vogue’s editor-in-chief in June after 37 years, although she is retaining her global role over international editions.
Meanwhile, Condé Nast’s parent company, Advance, made a windfall last year. In March 2024 the company made a reported $2 billion from the IPO of its social media company Reddit, which it acquired in 2006 for an estimated $10 million.
A spokesperson for Bezos has denied the rumors, calling them “totally untrue,” but insiders in fashion and media circles are waiting to see how it all plays out.
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