Privacy-Obsessed Billionaire Jeff Bezos Made Former Housekeeper Sign NDA, Court Docs Show
Portfolio Pulse from Adam Eckert
Jeff Bezos, founder of Amazon.com Inc (NASDAQ:AMZN), is reported to have made his housekeeper sign an NDA emphasizing his high regard for privacy. The housekeeper, Mercedes Wedaa, sued Bezos alleging poor working conditions and racial bias. The NDA, now public, reveals strict confidentiality terms, including a clause giving Bezos the right to buy any content created about him for $10. Bezos also paid Wedaa $250 for signing the NDA.
December 19, 2023 | 3:27 pm
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Amazon founder Jeff Bezos' strict NDA with his housekeeper, now public, underscores his commitment to privacy, amidst allegations of poor working conditions and racial bias.
While the news focuses on Jeff Bezos' personal actions, it may not directly impact Amazon's operations or financials. However, as the founder and public figure associated with Amazon, any negative publicity could potentially affect the company's image. The allegations are against Bezos personally, not Amazon, and the NDA is a common practice among high-profile individuals, which may mitigate the impact on the stock.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50