Something historic happened in Washington, D.C., on Monday afternoon — an announcement so unexpected as to seem miraculous. In mere seconds, The debt-ridden Washington Post was transformed with the news that Amazon founder Jeff Bezos was buying the newspaper.
Bezos, named businessman of the year by Forbes magazine and one of the richest men on the planet, had paid $250 million out of his own pocket to save the iconic paper.
(READ the story from Politico)