Big names in the film, technology, design and sports industries made their appearances at Sun Valley in rural Idaho Tuesday for the start of the annual ‘billionaire summer camp’ for tech and media moguls.
The elite gathering, hosted by investment bank Allen & Company brings together A-listers from various industries each year, although the event was cancelled in 2020 due to the coronavirus pandemic.
This year, the five-day conference running from July 6 to 10, held at the edge of Idaho’s Sawtooth National Forest in a tiny town of just 1,500, is set to feature strict checks to ensure it does not become a super spreader event.
Some of this year’s sessions will be held outside in an attempt to minimize risk.
Among the major figures who have appeared so far include businessman and New England Patriots owner Robert Kraft, Facebook COO Sheryl Sandberg, Netflix Co-CEOs Reed Hastings and Ted Sarandos, CBS News’ Gayle King, CNN’s Anderson Cooper, Nike CEO John Donahoe, former Disney CEO Michael Eisner, Shari Redstone, chairwoman of ViacomCBS and Stacey Bendet, CEO of fashion company Alice + Olivia.
Additionally, a plane belonging to Jeff Bezos arrived at the local airport in nearby Hailey, but the billionaire Amazon founder had yet to make an appearance.
A conservative estimate based on the latest available figures puts the total wealth of those known to be in attendance at $343.1 billion.