An estimated 175 private jets arrived in Sun Valley for an exclusive annual retreat known as 'summer camp for billionaires.' The gathering follows recent tax and spending legislation expected to negatively impact healthcare for many Americans while benefiting the wealthy. Hosted by Allen & Co. since 1983, the conference unites major figures in tech, media, and finance for networking and deal-making. Past notable deals include significant corporate mergers. This year's high-profile attendees include Tim Cook and Sam Altman. Earlier remarks from attendees reflect corporate interests and an inclination towards deregulation.
The annual retreat in Sun Valley for billionaires, sponsored by Allen & Co., has been a vital networking event since 1983, attracting influential leaders from various industries.
Last year's Sun Valley conference included a controversial statement from Warner Bros Discovery CEO, who prioritized deregulation over political preferences, reflecting the interests of corporate consolidation.
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