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Jeff Bezos Reportedly Told Trump the Washington Post Was His ‘Worst Investment’ Before Staff Cuts

Bezos said the paper lost more than $100 million and argued it needed to be profitable and self-sustaining, according to the book.

  • During a December 2024 dinner with President Trump, Amazon founder Jeff Bezos called The Washington Post his "worst investment," complaining that staff were "out of control," according to a new book by New York Times journalists Jonathan Swan and Maggie Haberman.
  • Bezos commiserated with Trump over the newspaper's business side after it lost more than $100 million that year, contrasting the Post with his other companies. "My other companies, they listen," Bezos said.
  • In February 2025, Bezos announced the Post's opinion section would focus on "personal liberties and free markets," prompting opinion editor David Shipley to resign. The paper then laid off one-third of its staff in February 2026, eliminating sports, books, and foreign bureaus.
  • Subscribers canceled in protest after the Post withheld a presidential endorsement for Vice President Kamala Harris in 2024. Bezos defended the decision, writing, "Presidential endorsements do nothing to tip the scales of an election."
  • Trump told the authors he previously believed Bezos personally controlled the Post's coverage during his first administration. "He said they write stories about him. And I didn't believe him the first time, first term. And I hated him for it," Trump said.
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New York Post broke the news in New York, United States on Wednesday, June 17, 2026.
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