Inside The Mysterious Billionaire Summer Camp Where Oprah and Corporate America’s Elite Gather to Forge Multibillion-Dollar Deals

Last week in Sun Valley, Idaho, it was time for the “annual fly-in event” when Friedman Memorial Airport is filled with private luxury jets. Aircraft-tracking website FlightAware noted to Business Insider that over 165 private planes were scheduled to fly in for the event, known as “summer camp for billionaires.” Photo via Instagram, @oprah And these corporate titians surely stand out in the small town of 1,783. So What is the Billionaires’ Summer Camp Every year since 1983, some of the richest and most powerful leaders in business, media, and politics touch down in Sun Valley for a private confab hosted by New York investment bank Allen & Company. So why are they gathered and what do they do? Most non-billionaires don’t actually know. The summit’s agenda and lecture topics are kept secret, and reporters who attend generally have to stay off the record so that the one-percenters can mingle and speak freely as they wander the mountain resort, gossiping about industry and, occasionally, forging historic multibillion-dollar deals. Sun Valley is also widely believed to be the place where Jeff Bezos decided to buy The Washington Post. It is also where talks of the ABC-Disney merger started, according to Business...