financetom
Business
financetom
/
Business
/
Venice protests target Bezos over mounting grievances
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Venice protests target Bezos over mounting grievances
Jun 28, 2025 11:33 AM

*

VIP wedding sparks outcry over mass tourism, inequality

*

Around 700 people take part in 'No Space for Bezos' march

*

Residents worried about unaffordable housing

*

Amazon ( AMZN ) founder draws ire over Trump ties

By Sara Rossi and Gavin Jones

VENICE, June 28 (Reuters) - Mass tourism, impossibly

high rents, worker exploitation, inequality and elitism: Venice

protests in recent days against Jeff Bezos and Lauren Sanchez's

high-profile wedding have highlighted growing global grievances.

Local politicians dismissed protesters as a fringe minority.

Bezos's fame and Venice's stunning visual backdrop have offered

them international visibility which they effectively exploited.

"No Space for Bezos" banners draped over the iconic Rialto

Bridge and a huge canvas laid out on St Mark's Square urging the

tech billionaire to pay more taxes have been seen all over the

world.

Concerns of greater disruptions forced Bezos and his bride

to move their final and biggest celebrity party from the central

district to a more isolated venue in the eastern part of the

lagoon city.

"The idea that the city should be seen as a set, a stage, or

an amusement park has been highlighted like never before by

Bezos' wedding," Tommaso Cacciari, a frontman for the No Space

for Bezos movement, told Reuters.

In the final protest on Saturday, around 1,000 residents and

activists rallied in front of Venice's train station under a

scorching sun, before marching roughly 1.5 kilometres (0.93

miles) to the Rialto Bridge.

They carried banners including one proclaiming 'Kisses yes,

Bezos no', playing on Venice's reputation as the city of love,

and another one saying 'No space for Bezos' with a rocket, in a

reference to his Blue Origin space technology company.

Venetian businesses and politicians, however, welcomed the

event, hailing its major boost for the local economy. Luca Zaia,

the regional governor of Veneto around Venice, said the city

should be proud of hosting the wedding.

TRUMP TIES

Alice Bazzoli, a 24-year-old university student, called

Bezos a "hypocrite" for donating 3 million euros ($3.5 million)

to Venice while flooding its fragile ecosystem with

high-polluting private jets and yachts.

Bezos and Sanchez have given 1 million euros each to three

Venetian institutions: CORILA, an academic consortium that

studies the lagoon, UNESCO's local office, and Venice

International University.

"I'd love Venice to be tailored for citizens, not for

tourists, with affordable housing," Bazzoli told Reuters,

complaining that students were being priced out of the market,

with the best accommodations offered to visitors.

Andrea Segre, a 49-year-old Italian film director born in

Venice, said the city was also pushing out ordinary residents.

"People aged 25 to 35 - the age group that starts families -

cannot afford to live in Venice. The consequence is a lack of

diversity and social liveliness," he said.

Venice is rapidly depopulating, largely because of the cost

of living crisis. Its historic city centre now has fewer than

50,000 residents, compared to more than 100,000 some 50 years

ago.

The city has hosted scores of other VIP weddings, including

that of actor George Clooney and human rights lawyer Amal

Alamuddin in 2014, but the latest luxury nuptials have attracted

far greater resentment because of Bezos' corporate and political

role.

The Amazon ( AMZN ) founder is the world's fourth richest man, and

has developed ties with U.S. President Donald Trump, whose

daughter Ivanka and son-in-law Jared Kushner were in attendance

at the wedding.

"Bezos is the embodiment of the most absolute wealth gained

through the exploitation of everything around you," 28-year-old

student Giulia Cacopardo told Reuters in the run-up to

Saturday's march.

In Italy, the e-commerce giant has faced criticism and

strikes from trade unions over labour practices, and scrutiny

over tax compliance. Reuters reported in February that Italian

prosecutors were investigating alleged tax evasion worth 1.2

billion.

"I would have protested against Bezos even if he had come on

a rowboat with just a handful of people ... because he

contributed practically, materially and politically to Donald

Trump's re-election," protest leader Cacciari said.

($1 = 0.8533 euros)

(Writing by Angelo Amante; editing by Alvise Armellini and

Diane Craft)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UnitedHealth investors await details behind 2025 outlook after exec's murder
UnitedHealth investors await details behind 2025 outlook after exec's murder
Jan 15, 2025
(Reuters) - Analysts and investors are awaiting details behind UnitedHealth Group's 2025 outlook when it reports quarterly results on Thursday, after its investor day presentations were canceled last month by the murder of executive Brian Thompson outside the New York hotel where the meeting was set to take place. The company in a press release on Dec. 3 said it...
Tesla to Suspend Model Y Lines in China for Three Weeks for Upgrades
Tesla to Suspend Model Y Lines in China for Three Weeks for Upgrades
Jan 15, 2025
06:23 AM EST, 01/15/2025 (MT Newswires) -- Tesla (TSLA) plans to halt part of its new Model Y production lines in Shanghai for three weeks starting Jan. 22 to optimize equipment for increased production of its refreshed SUV model, Bloomberg reported Wednesday, citing people familiar with the matter. The suspension coincides with the Lunar New Year holiday. The sources said...
BlackRock assets hit record $11.6 trillion in fourth quarter of 2024
BlackRock assets hit record $11.6 trillion in fourth quarter of 2024
Jan 15, 2025
NEW YORK (Reuters) -BlackRock's assets hit a record high $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, with fee income buoyed by stronger equity markets. Assets managed by the New York-based company increased to $11.55 trillion from $10.01 trillion a year earlier and $11.48 trillion in the third...
Exclusive-Brazilian meatpacker JBS says net-zero emissions pledge was 'never a promise'
Exclusive-Brazilian meatpacker JBS says net-zero emissions pledge was 'never a promise'
Jan 15, 2025
SAO PAULO (Reuters) - The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and to ending illegal deforestation across its long supply chain that starts in the heart of the Brazilian Amazon.  It used terms such as commitment and pledge, and a slogan that anything...
Copyright 2023-2026 - www.financetom.com All Rights Reserved