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Sun Valley’s ‘summer camp for billionaires’ is offering knitting classes this year - here’s why we shouldn’t be surprised
New York Post • • business
Key Points:
- The annual Allen & Co. summer camp for billionaires in Sun Valley, Idaho, features traditional panel discussions alongside unusual activities like knitting sessions scheduled for Wednesday and Thursday afternoons.
- High-profile figures such as Pennsylvania Senators John Fetterman and David McCormick, Comcast CEO Brian Roberts, Jeff Bezos, and Microsoft’s Satya Nadella participated in interviews and discussions during the event.
- Comcast CEO Brian Roberts appeared downcast amid the company’s recent NBCUniversal spin-off, with little stock movement and declining personal net worth due to challenges in the news, entertainment, and cable sectors.
- The event also includes leisure activities such as hiking, fly fishing, yoga, pilates, and “hard core fitness,” highlighting a blend of business and relaxation for media and tech leaders.
- The inclusion of knitting, described as therapeutic, at a gathering of media executives facing industry downsizing and disruption underscores the uncertain and changing nature of the media business.
