The much-anticipated Allen & Co.’s annual gathering, fondly referred to as the “summer camp for billionaires,” is currently in full swing at the luxurious Sun Valley resort in Idaho. This exclusive event has attracted business moguls from various industries who have embarked on their first day of sessions.
Security is tight within the resort’s opulent grounds, ensuring that media members are kept at a distance from the media, tech, and business tycoons who can be seen sleepily wandering around before the first meeting of the day at 8:30 a.m. local time. Paramount Global chairwoman Shari Redstone was one of the few notable figures to acknowledge a small group of reporters. Rushing by the nearby Konditorei coffee shop, she greeted them in passing with a sly smile, jokingly commenting on being captured on camera before her morning coffee.
Another prominent attendee, former Facebook executive Sheryl Sandberg, enthusiastically greeted the crowd with a cheerful “Hey y’all” as she strolled hand in hand with her husband Tom Bernthal across the courtyard. The CEO of SoFi, Anthony Noto, took a moment to converse with a CNBC crew, while executive Bill Heavener paused briefly to capture the scene by snapping a picture of the media present on the resort grounds. Maryland Governor Wes Moore was spotted power-walking near the entrance of Sun Valley.
Although the most famous guests, including Apple CEO Tim Cook, OpenAI chief Sam Altman, and Disney CEO Bob Iger, were not yet seen early Wednesday, as they had made their dazzling entrances at the resort the day before. The Allen & Co.’s conference guests have a day full of scheduled sessions lined up, along with the trademark impromptu discussions and behind-the-scenes conversations that make the secretive investment firm’s annual gathering so renowned.
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