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Coca-Cola’s ex-CEO goes for month-long trips across Africa: The 78-year-old has swum with Great Whites and climbed with mountain gorillas—and has no plans on slowing down

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What do you do after stepping down from Coca-Cola’s helm? For the former CEO, it’s taking month-long excursions around Africa. 

When Douglas Ivester stepped down as the $309 billion beverage giant’s CEO and chair at the turn of the century, he knew the continent of gold savannah, vast deserts and tropical rainforests was the first place he wanted to visit with his newfound free time. 

“My first trips to Africa were to work because we had businesses in South Africa and East Africa particularly,” Ivester recalls in an interview with Fortune. “When I retired, I wanted to take my wife, so we put together the first trip to Africa, which included Kenya and Tanzania.”

“We spent a day visiting medical facilities, including an AIDS clinic. We spent some time in schools, and we spent time with local artists, talking to them about their artistic ability and product and things like that, in addition to all the other things that people would go see—the animals and the landscape, all the things like that.”

It’s been over 25 years since, and Douglas Ivester has made a tradition of taking yearly month-long vacations all over the world—and has found himself back in Africa many times along the way.

“We’ve maintained what traditionally people call a bucket list of things to do… I wanted to climb in Rwanda to visit the mountain gorillas. So we took a trip that included that in the middle of the trip,” Ivester adds.  “I wanted to do Asia and wander around in Asia and see what I can learn there. So I did that.”  In 2017, he says he spent 30 days discovering Southeast Asia.

The pandemic, of course, put his annual vacation to an abrupt halt. But now, at 78, he’s planning his 11th “Rewild” safari with Botswana and Kenya on the cards for 2026.

For the growing number of leaders taking a sabbatical, a Rewilding Safari offers the chance to participate in wildlife conservation efforts, like releasing Darwin’s rhea in Patagonia National Park and planting trees in Madagascar and Sumatra. Just don’t think of it as a vacation, Ivester warns.

The lowdown

How much does it cost?  
Ivester estimates that an all-inclusive trip at a safari camp will set you back $50,000, including airfare.

What’s so special about Africa? 
“I’ve been to Latin America, I’ve been to Asia, but Africa is my favorite place to go to is Africa. It’s so vast. It is so different. It is learning something new almost every minute of the trip. And I like that,” Ivester says.

“We attempt to incorporate as many learning experiences as possible. As an example, we were in Cape Town in South Africa, and we took a day and went out to go swimming with the great white sharks and a superb experience.”

“To take a balloon ride over the Great Migration is something you can’t describe, you just have to experience it. To ride an elephant in South Africa at one of the camps down there, you cannot describe it, but I’ve done it… You have to be there and be there in the moment and be willing to take some risk.”

“I wouldn’t describe our trips as ‘vacations’. A vacation implies rest and relaxation. And I would say we’re more moving around and learning and experiencing life, and we have to rest when we get home.”

Courtesy of Rewild Safaris

Do safaris have good WiFi? 
“That is an ever-changing situation,” the retired chief says. “20 years ago, the answer was no. You really didn’t have phone service, and certainly no internet connection or anything like that. In more recent years, a lot of the hotels do have coverage, and the phone service is much, much better, but it improves on a yearly basis.”

Any word of warning for execs?
“My word of caution would be to plan every day and to research every day and make sure you go into it with an understanding of what you want to accomplish,” Ivester recommends. “A really good Safari trip will probably take a year to plan and a year to schedule. And if you’ve got it done that way, you’ll probably have a very successful trip, but you can’t do things sort of spur of the moment.”

A 48-hour sample itinerary

A two-day private safari excerpt designed by Rewild Safaris for Mr. & Mrs Ivester and friends in late June.

Day 1 Location: Little Kwara Camp, Kwara Reserve, Okavango Delta, Botswana

Background: The Kwara Reserve shares its southern boundary with the Moremi Game Reserve. It encompasses a wide variety of wildlife habitats, ranging from deep-water lagoons and thick papyrus beds to dry-county scrub and mopane forests. Nestled on the edge of the permanent waters of the Okavango, Little Kwara Camp’s five canvas tents are elevated into the tree canopy on wooden decks.

Morning: Wake up to an early morning wake-up call—a gentle voice saying “Good Morning” just outside the tent. Following breakfast, we venture out in the custom-designed Land Cruiser for our morning game drive. At this time of year, the water is high, so we frequently have to drive through water.

The tracker scans for the footprints of the animals we seek. We venture into the bush, eventually finding the small lion pride whose prints he found. We watch the small lion cubs chase each other until one of them finds its mother and begins to nurse. The other two cubs join their siblings as their mother lies contentedly in the shade.

Later, we venture further, scanning the trees for the most elusive big cat: the leopard. After a rewarding game drive, we return to camp for lunch.

Courtesy of Rewild Safaris

Afternoon: We venture into the Okavango Delta’s waterways in a traditional canoe called the mokoro. Floating along the channels between the reeds, the guide uses a long pole to navigate the two-foot deep crystal-clear water.

We enjoy the calm silence of gliding along as we watch various birds fly over us. Eventually, we reach an island, where we disembark and take a gentle walk among the trees. The safari guide points out the various trees and shrubs and explains how some are used in the traditional day-to-day life of the local inhabitants.

As we approach the end of the island, we find a team from the camp waiting for us. We order our beverages, enjoy some snacks and toast the setting sun as it disappears over the western horizon.

We return to Little Kwara by motorboat, arriving just before dark. We have time to shower before returning to the dining area, where dinner is served under the African sky.

Day Two: The Selinda Reserve

Background: While not as famous as its southern neighbor, the Okavango Delta, the Selinda Reserve is an incredible 521-square-mile wilderness. By this time of year, large numbers of migrating wildlife have joined the permanent residents who thrive on these open savannas. A variety of antelope species are found, along with giraffe, warthog, baboons, and vervet monkeys. Lion, cheetah, and spotted hyena are the primary large predators.

But there are two species of wildlife that make the Selinda Concession stand out: The Cape hunting dog and large breeding herds of elephants. The experts at Great Plains Conservation estimate that over 9000 elephants make Selinda their temporary home during the dry season.

Morning: Following breakfast, we are driven to the airstrip and board a Cessna Caravan aircraft for our flight into northern Botswana. Our destination is Selinda Camp, and our goals are twofold: to find the elusive African painted dogs and experience the influx of hundreds of elephants.

We land and with our tracker perched on the Land Cruiser’s hood, we begin our journey. Eventually, the tracker finds something interesting and tells the guide to drive into the bush. We sit silently and hear yelping sounds. The guide whispers to us that we are near the den site, where the alpha female has recently given birth to her pups. Although the den is hidden from us, we see a handful of the African painted dogs resting in the shade.

We continue on to camp, where we are warmly greeted by the Selinda team. We are each handed a cool moist washcloth and a welcoming drink to freshen up after our journey.

After a briefing about the camp, we are escorted to our “tent”—home for the next two nights.

Afternoon: Following lunch, we rest until our afternoon game drive. As we drive into the bush, ithin a few minutes we come upon a herd of 12 elephants, with two very young babies. As we watch the adults chewing on tree branches, the baby elephants nurse within about twenty feet of our vehicle. As evening approaches, we begin to return to camp and come across a big bull elephant.

Our guide tells us the bull is heading toward the group of elephants we just visited. His goal is to find out if any of them are ready to breed. We return to camp. After showering, we sit around the campfire as our guide summarizes the day’s adventures and discusses plans for tomorrow.

As we crawl into bed, we hear a distinct sound in the distance—the mighty roar of a male lion telling all that this is his territory. It’s the perfect sound to end another fascinating day in the African bush.



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Mark Zuckerberg says the ‘most important thing’ he built at Harvard was a prank website

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For Mark Zuckerberg, the most significant creation from his two years at Harvard University wasn’t the precursor to a global social network, but a prank website that nearly got him expelled.

The Meta CEO said in a 2017 commencement address at his alma mater that the controversial site, Facemash, was “the most important thing I built in my time here” for one simple reason: it led him to his wife, Priscilla Chan.

“Without Facemash I wouldn’t have met Priscilla, and she’s the most important person in my life,” Zuckerberg said during the speech.

In 2003, Zuckerberg, then a sophomore, created Facemash by hacking into Harvard’s online student directories and using the photos to create a site where users could rank students’ attractiveness. The site went viral, but it was quickly shut down by the university. Zuckerberg was called before Harvard’s Administrative Board, facing accusations of breaching security, violating copyrights, and infringing on individual privacy.

“Everyone thought I was going to get kicked out,” Zuckerberg recalled in his speech. “My parents came to help me pack. My friends threw me a going-away party.”

It was at this party, thrown by friends who believed his expulsion was imminent, where he met Chan, another Harvard undergraduate. “We met in line for the bathroom in the Pfoho Belltower, and in what must be one of the all time romantic lines, I said: ‘I’m going to get kicked out in three days, so we need to go on a date quickly,’” Zuckerberg said.

Chan, who described her now-husband to The New Yorker as “this nerdy guy who was just a little bit out there,” went on the date with him. Zuckerberg did not get expelled from Harvard after all, but he did famously drop out the following year to focus on building Facebook.

While the 2010 film The Social Network portrayed Facemash as a critical stepping stone to the creation of Facebook, Zuckerberg himself has downplayed its technical or conceptual importance.

“And, you know, that movie made it seem like Facemash was so important to creating Facebook. It wasn’t,” he said during his commencement speech. But he did confirm that the series of events it set in motion—the administrative hearing, the “going-away” party, the line for the bathroom—ultimately connected him with the mother of his three children.

Chan, for her part, went on to graduate from Harvard in 2007, taught science, and then attended medical school at the University of California, San Francisco, becoming a pediatrician.

She and Zuckerberg got married in 2012, and in 2015, they co-founded the Chan Zuckerberg Initiative, a philanthropic organization focused on leveraging technology to address major world challenges in health, education, and science. Chan serves as co-CEO of the initiative, which has pledged to give away 99% of the couple’s shares in Meta Platforms to fund its work.

You can watch the entirety of Zuckerberg’s Harvard commencement speech below:

For this story, Fortune journalists used generative AI as a research tool. An editor verified the accuracy of the information before publishing. 



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Senate Dems’ plan to fix Obamacare premiums adds nearly $300 billion to deficit, CRFB says

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The Committee for a Responsible Federal Budget (CRFB) is a nonpartisan watchdog that regularly estimates how much the U.S. Congress is adding to the $38 trillion national debt.

With enhanced Affordable Care Act (ACA) subsidies due to expire within days, some Senate Democrats are scrambling to protect millions of Americans from getting the unpleasant holiday gift of spiking health insurance premiums. The CRFB says there’s just one problem with the plan: It’s not funded.

“With the national debt as large as the economy and interest payments costing $1 trillion annually, it is absurd to suggest adding hundreds of billions more to the debt,” CRFB President Maya MacGuineas wrote in a statement on Friday afternoon.

The proposal, backed by members of the Senate Democratic caucus, would fully extend the enhanced ACA subsidies for three years, from 2026 through 2028, with no additional income limits on who can qualify. Those subsidies, originally boosted during the pandemic and later renewed, were designed to lower premiums and prevent coverage losses for middle‑ and lower‑income households purchasing insurance on the ACA exchanges.

CRFB estimated that even this three‑year extension alone would add roughly $300 billion to federal deficits over the next decade, largely because the federal government would continue to shoulder a larger share of premium costs while enrollment and subsidy amounts remain elevated. If Congress ultimately moves to make the enhanced subsidies permanent—as many advocates have urged—the total cost could swell to nearly $550 billion in additional borrowing over the next decade.

Reversing recent guardrails

MacGuineas called the Senate bill “far worse than even a debt-financed extension” as it would roll back several “program integrity” measures that were enacted as part of a 2025 reconciliation law and were intended to tighten oversight of ACA subsidies. On top of that, it would be funded by borrowing even more. “This is a bad idea made worse,” MacGuineas added.

The watchdog group’s central critique is that the new Senate plan does not attempt to offset its costs through spending cuts or new revenue and, in their view, goes beyond a simple extension by expanding the underlying subsidy structure.

The legislation would permanently repeal restrictions that eliminated subsidies for certain groups enrolling during special enrollment periods and would scrap rules requiring full repayment of excess advance subsidies and stricter verification of eligibility and tax reconciliation. The bill would also nullify portions of a 2025 federal regulation that loosened limits on the actuarial value of exchange plans and altered how subsidies are calculated, effectively reshaping how generous plans can be and how federal support is determined. CRFB warned these reversals would increase costs further while weakening safeguards designed to reduce misuse and error in the subsidy system.

MacGuineas said that any subsidy extension should be paired with broader reforms to curb health spending and reduce overall borrowing. In her view, lawmakers are missing a chance to redesign ACA support in a way that lowers premiums while also improving the long‑term budget outlook.

The debate over ACA subsidies recently contributed to a government funding standoff, and CRFB argued that the new Senate bill reflects a political compromise that prioritizes short‑term relief over long‑term fiscal responsibility.

“After a pointless government shutdown over this issue, it is beyond disappointing that this is the preferred solution to such an important issue,” MacGuineas wrote.

The off-year elections cast the government shutdown and cost-of-living arguments in a different light. Democrats made stunning gains and almost flipped a deep-red district in Tennessee as politicians from the far left and center coalesced around “affordability.”

Senate Minority Leader Chuck Schumer is reportedly smelling blood in the water and doubling down on the theme heading into the pivotal midterm elections of 2026. President Donald Trump is scheduled to visit Pennsylvania soon to discuss pocketbook anxieties. But he is repeating predecessor Joe Biden’s habit of dismissing inflation, despite widespread evidence to the contrary.

“We fixed inflation, and we fixed almost everything,” Trump said in a Tuesday cabinet meeting, in which he also dismissed affordability as a “hoax” pushed by Democrats.​

Lawmakers on both sides of the aisle now face a politically fraught choice: allow premiums to jump sharply—including in swing states like Pennsylvania where ACA enrollees face double‑digit increases—or pass an expensive subsidy extension that would, as CRFB calculates, explode the deficit without addressing underlying health care costs.



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Netflix–Warner Bros. deal sets up $72 billion antitrust test

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Netflix Inc. has won the heated takeover battle for Warner Bros. Discovery Inc. Now it must convince global antitrust regulators that the deal won’t give it an illegal advantage in the streaming market. 

The $72 billion tie-up joins the world’s dominant paid streaming service with one of Hollywood’s most iconic movie studios. It would reshape the market for online video content by combining the No. 1 streaming player with the No. 4 service HBO Max and its blockbuster hits such as Game Of ThronesFriends, and the DC Universe comics characters franchise.  

That could raise red flags for global antitrust regulators over concerns that Netflix would have too much control over the streaming market. The company faces a lengthy Justice Department review and a possible US lawsuit seeking to block the deal if it doesn’t adopt some remedies to get it cleared, analysts said.

“Netflix will have an uphill climb unless it agrees to divest HBO Max as well as additional behavioral commitments — particularly on licensing content,” said Bloomberg Intelligence analyst Jennifer Rie. “The streaming overlap is significant,” she added, saying the argument that “the market should be viewed more broadly is a tough one to win.”

By choosing Netflix, Warner Bros. has jilted another bidder, Paramount Skydance Corp., a move that risks touching off a political battle in Washington. Paramount is backed by the world’s second-richest man, Larry Ellison, and his son, David Ellison, and the company has touted their longstanding close ties to President Donald Trump. Their acquisition of Paramount, which closed in August, has won public praise from Trump. 

Comcast Corp. also made a bid for Warner Bros., looking to merge it with its NBCUniversal division.

The Justice Department’s antitrust division, which would review the transaction in the US, could argue that the deal is illegal on its face because the combined market share would put Netflix well over a 30% threshold.

The White House, the Justice Department and Comcast didn’t immediately respond to requests for comment. 

US lawmakers from both parties, including Republican Representative Darrell Issa and Democratic Senator Elizabeth Warren have already faulted the transaction — which would create a global streaming giant with 450 million users — as harmful to consumers.

“This deal looks like an anti-monopoly nightmare,” Warren said after the Netflix announcement. Utah Senator Mike Lee, a Republican, said in a social media post earlier this week that a Warner Bros.-Netflix tie-up would raise more serious competition questions “than any transaction I’ve seen in about a decade.”

European Union regulators are also likely to subject the Netflix proposal to an intensive review amid pressure from legislators. In the UK, the deal has already drawn scrutiny before the announcement, with House of Lords member Baroness Luciana Berger pressing the government on how the transaction would impact competition and consumer prices.

The combined company could raise prices and broadly impact “culture, film, cinemas and theater releases,”said Andreas Schwab, a leading member of the European Parliament on competition issues, after the announcement.

Paramount has sought to frame the Netflix deal as a non-starter. “The simple truth is that a deal with Netflix as the buyer likely will never close, due to antitrust and regulatory challenges in the United States and in most jurisdictions abroad,” Paramount’s antitrust lawyers wrote to their counterparts at Warner Bros. on Dec. 1.

Appealing directly to Trump could help Netflix avoid intense antitrust scrutiny, New Street Research’s Blair Levin wrote in a note on Friday. Levin said it’s possible that Trump could come to see the benefit of switching from a pro-Paramount position to a pro-Netflix position. “And if he does so, we believe the DOJ will follow suit,” Levin wrote.

Netflix co-Chief Executive Officer Ted Sarandos had dinner with Trump at the president’s Mar-a-Lago resort in Florida last December, a move other CEOs made after the election in order to win over the administration. In a call with investors Friday morning, Sarandos said that he’s “highly confident in the regulatory process,” contending the deal favors consumers, workers and innovation. 

“Our plans here are to work really closely with all the appropriate governments and regulators, but really confident that we’re going to get all the necessary approvals that we need,” he said.

Netflix will likely argue to regulators that other video services such as Google’s YouTube and ByteDance Ltd.’s TikTok should be included in any analysis of the market, which would dramatically shrink the company’s perceived dominance.

The US Federal Communications Commission, which regulates the transfer of broadcast-TV licenses, isn’t expected to play a role in the deal, as neither hold such licenses. Warner Bros. plans to spin off its cable TV division, which includes channels such as CNN, TBS and TNT, before the sale.

Even if antitrust reviews just focus on streaming, Netflix believes it will ultimately prevail, pointing to Amazon.com Inc.’s Prime and Walt Disney Co. as other major competitors, according to people familiar with the company’s thinking. 

Netflix is expected to argue that more than 75% of HBO Max subscribers already subscribe to Netflix, making them complementary offerings rather than competitors, said the people, who asked not to be named discussing confidential deliberations. The company is expected to make the case that reducing its content costs through owning Warner Bros., eliminating redundant back-end technology and bundling Netflix with Max will yield lower prices.



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