Bezos is known as a liberal so it may be just a vanity buy; he paid $250 million from his personal fortune and not the publicly-traded Amazon.com. He is worth around $25 billion so its a mere 1% of his net worth, but he will have to bear the losses, which were $16.8 million last quarter, mostly due to pensions. Bezos, however, has a record of making eccentric investments. The best known of those is Blue Origin, his private space company which is building a rocket for space travel. He also owns Bezos Expeditions, which has used submersibles to recover valuable items from the bottom of the ocean, including an engine from one of the Apollo mission spaceships. Hes also invested $42 million of his own money in the 10,000 Year Clock project, which aims to build a mechanical clock that can keep time accurately for ten millennia.
The Post purchase is his first media foray and with it he also gets a host of other publications apart from The Posts online editions. Everything else The Post owns, including the company headquarters captured in the movie, All the Presidents Men, stays with the Grahams. So even if The Post is a vanity buy, the current speculation is whether Bezos will use its undoubted influence to push a particular agenda. The problem is, he doesnt seem to have any. Like most tech entrepreneurs, Bezos is a libertarian, but he does seem to focus a lot on Washington but in an even-handed way. He donated $2.5 million from his own money towards a successful referendum to legalise same-sex marriage in Washington state in 2012. He has also donated money towards opposing a move to establish a tax on income above $2,00,000 in Washington, but heres the ultimate symbol of his open-minded views: He donated money to Slade Gorton, a Republican senator from Washington. Gorton won but when he contested for re-election, he lost to Maria Cantwell who ran her campaign mostly on money donated by Jeff Bezos!