Idaho’s famous business and economic conference is usually an occasion to close deals in a relaxed way
In the sixth episode of the second season of the series “Succession”, the entire Roy family attends a lavish retreat for media, technology, and banking moguls called Argestes, where they plan to cut a deal with the Pierce family. The episode opens with the family flying in their private jet, waiting for the airport to give them permission to land, while an impatient Logan Roy declares that he will kill any businessman who lands before them.
The first similarity between the hit HBO series and “Sun Valley,” the billionaire conference that began its 38th edition on Wednesday, July 12, is obvious: during these conversations about business and the economy, in which usually featuring the world’s top tech, media and business leaders, Sun Valley, Idaho’s airspace is buzzing.
According to Variety, this year’s attendees include Walt Disney Company CEO Bob Iger, Netflix co-CEO Ted Sarandos (and possibly its executive chairman Reed Hastings), Mark Zuckerberg, Tim Cook, Bill Gates and Oprah Winfrey. According to the same publication, the topics of this year’s talks could be Artificial Intelligence and climate change.
Some of the most memorable and high-profile deals engineered in Sun Valley were the discussions that led Lowell McAdam, currently chairman and CEO of Verizon Communications, to the Verizon-AOL merger, Comecast’s purchase of NBC Universal ( which began on the golf courses of Sun Valley) or the time in 2013 when Jeff Bezos bought the Washington Post after two meetings with Donald Graham.
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The annual event is held at Sun Valley Lodge, a historic resort that opened its doors in 1936 and features 108 luxurious guest rooms, a 20,000-square-foot spa, fitness center, yoga studio, outdoor pool and cafe, as well as several restaurants, lounges and conference rooms. and events of all kinds.
Another notable detail is the relaxed dress code. At the Sun Valley lodge, guests have received Patagonia fleece vests as a gift. In 2017, images of a very casual Jeff Bezos walking around the resort grounds, wearing a black polo shirt and vest, went viral.
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What goes on inside the resort, however, remains a mystery. For five days, in addition to listening to speeches and participating in round tables on politics, technology or the economy, participants are also invited to relax with various recreational activities, from long walks in the mountains to golf. In short, this is “networking” for billionaires.
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Source :Skai
I am Frederick Tuttle, who works in 247 News Agency as an author and mostly cover entertainment news. I have worked in this industry for 10 years and have gained a lot of experience. I am a very hard worker and always strive to get the best out of my work. I am also very passionate about my work and always try to keep up with the latest news and trends.
