Overview

• WSJ-based reports say Mike Bezos is enlarging Aurora Borealis and has named Valeria Alberola as CEO, though some outlets describe the office as seeking a chief executive.
• A search is underway for a chief investment officer to steward roughly $40 billion, according to the WSJ reporting cited by multiple publications.
• Aurora Borealis, founded in 2020 and based in Miami, handles investing, philanthropy, and estate planning for the family with a mix of internal staff and external managers.
• The expansion plans were in motion before Jacklyn Bezos’ death in August from Lewy body dementia, according to reporting.
• The buildout aligns with rapid growth in single-family offices, which Deloitte estimates reached 8,030 globally in 2024, as Forbes pegs Jeff Bezos’ wealth at about $243 billion.