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 >
Abercrombie & Fitch Insider Sold Shares Worth $2,501,264, According to a Recent SEC Filing
Abercrombie & Fitch Insider Sold Shares Worth $2,501,264, According to a Recent SEC Filing
Sep 11, 2024
05:10 PM EDT, 09/10/2024 (MT Newswires) -- Samir Desai, Executive Vice President, Chief Digital & Technology Officer, on September 06, 2024, sold 19,041 shares in Abercrombie & Fitch ( ANF ) for $2,501,264. Following the Form 4 filing with the SEC, Desai has control over a total of 27,985 shares of the company, with 27,985 shares held directly. SEC Filing:...
Sentinelone Insider Sold Shares Worth $1,140,682, According to a Recent SEC Filing
Sentinelone Insider Sold Shares Worth $1,140,682, According to a Recent SEC Filing
Sep 11, 2024
05:00 PM EDT, 09/10/2024 (MT Newswires) -- Ric Smith, Chief Product & Technology Officer, on September 06, 2024, sold 51,052 shares in Sentinelone ( S ) for $1,140,682. Following the Form 4 filing with the SEC, Smith has control over a total of 585,647 shares of the company, with 585,647 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1583708/000158370824000078/xslF345X05/wk-form4_1726001520.xml ...
Westaim Completes US$79-Million Sale of Remaining Interest in Skyward Specialty Insurance
Westaim Completes US$79-Million Sale of Remaining Interest in Skyward Specialty Insurance
Sep 11, 2024
05:02 PM EDT, 09/10/2024 (MT Newswires) -- Westaim ( WEDXF ) after trade Tuesday said it sold all its remaining 1.91-million shares in Skyward Specialty Insurance Group. The investment-holding company said proceeds, less commissions, were approximately US$79 million. Westaim's ( WEDXF ) remaining investments include significant interests in Arena and the Arena FINCOs. The company's shares closed down $0.04 to...
BridgeBio to stop development of therapy for genetic disorder
BridgeBio to stop development of therapy for genetic disorder
Sep 11, 2024
Sept 10 (Reuters) - BridgeBio Pharma ( BBIO ) said on Tuesday it will stop development of its experimental therapy for a genetic disease that affects the adrenaline-producing gland. The drugmaker said the results of its early-to-mid stage study testing the therapy did not meet the threshold to warrant additional capital investment. (Reporting by Puyaan Singh; Editing by Shinjini Ganguli)...
Copyright 2023-2026 - www.financetom.com All Rights Reserved