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Jeff Bezos

The world’s richest man just set a new record for priciest home in Los Angeles.

Amazon Chief Executive Jeff Bezos has purchased the Warner Estate from media mogul David Geffen for $165 million.

Hollywood producer Geffen paid $47.5 million for it in 1990.

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Jeff Bezos, Amazon Founder, entrepreneur and owner of the Washington Post, talks to David Rubenstein about his background, how he came up with the idea for Amazon, building the company, some of the key businesses including Prime and Whole Foods, the space race and philanthropy. The world’s richest man says his most important decisions are made not with quantitative analysis but “with instinct, intuition, taste, heart.”

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