Connect with us

Business

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

Published

on


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.



Source link

Continue Reading

Business

Epstein grand jury documents from Florida can be released by DOJ, judge rules

Published

on



A federal judge on Friday gave the Justice Department permission to release transcripts of a grand jury investigation into Jeffrey Epstein’s abuse of underage girls in Florida — a case that ultimately ended without any federal charges being filed against the millionaire sex offender.

U.S. District Judge Rodney Smith said a recently passed federal law ordering the release of records related to Epstein overrode the usual rules about grand jury secrecy.

The law signed in November by President Donald Trump compels the Justice Department, FBI and federal prosecutors to release later this month the vast troves of material they have amassed during investigations into Epstein that date back at least two decades.

Friday’s court ruling dealt with the earliest known federal inquiry.

In 2005, police in Palm Beach, Florida, where Epstein had a mansion, began interviewing teenage girls who told of being hired to give the financier sexualized massages. The FBI later joined the investigation.

Federal prosecutors in Florida prepared an indictment in 2007, but Epstein’s lawyers attacked the credibility of his accusers publicly while secretly negotiating a plea bargain that would let him avoid serious jail time.

In 2008, Epstein pleaded guilty to relatively minor state charges of soliciting prostitution from someone under age 18. He served most of his 18-month sentence in a work release program that let him spend his days in his office.

The U.S. attorney in Miami at the time, Alex Acosta, agreed not to prosecute Epstein on federal charges — a decision that outraged Epstein’s accusers. After the Miami Herald reexamined the unusual plea bargain in a series of stories in 2018, public outrage over Epstein’s light sentence led to Acosta’s resignation as Trump’s labor secretary.

A Justice Department report in 2020 found that Acosta exercised “poor judgment” in handling the investigation, but it also said he did not engage in professional misconduct.

A different federal prosecutor, in New York, brought a sex trafficking indictment against Epstein in 2019, mirroring some of the same allegations involving underage girls that had been the subject of the aborted investigation. Epstein killed himself while awaiting trial. His longtime confidant and ex-girlfriend, Ghislaine Maxwell, was then tried on similar charges, convicted and sentenced in 2022 to 20 years in prison.

Transcripts of the grand jury proceedings from the aborted federal case in Florida could shed more light on federal prosecutors’ decision not to go forward with it. Records related to state grand jury proceedings have already been made public.

When the documents will be released is unknown. The Justice Department asked the court to unseal them so they could be released with other records required to be disclosed under the Epstein Files Transparency Act. The Justice Department hasn’t set a timetable for when it plans to start releasing information, but the law set a deadline of Dec. 19.

The law also allows the Justice Department to withhold files that it says could jeopardize an active federal investigation. Files can also be withheld if they’re found to be classified or if they pertain to national defense or foreign policy.

One of the federal prosecutors on the Florida case did not answer a phone call Friday and the other declined to answer questions.

A judge had previously declined to release the grand jury records, citing the usual rules about grand jury secrecy, but Smith said the new federal law allowed public disclosure.

The Justice Department has separate requests pending for the release of grand jury records related to the sex trafficking cases against Epstein and Maxwell in New York. The judges in those matters have said they plan to rule expeditiously.

___

Sisak reported from New York.



Source link

Continue Reading

Business

Miss Universe co-owner gets bank accounts frozen as part of probe into drugs, fuel and arms trafficking

Published

on



Mexico’s anti-money laundering office has frozen the bank accounts of the Mexican co-owner of Miss Universe as part of an investigation into drugs, fuel and arms trafficking, an official said Friday.

The country’s Financial Intelligence Unit, which oversees the fight against money laundering, froze Mexican businessman Raúl Rocha Cantú’s bank accounts in Mexico, a federal official told The Associated Press on condition of anonymity because he was not authorized to comment on the investigation.

The action against Rocha Cantú adds to mounting controversies for the Miss Universe organization. Last week, a court in Thailand issued an arrest warrant for the Thai co-owner of the Miss Universe Organization in connection with a fraud case and this year’s competition — won by Miss Mexico Fatima Bosch — faced allegations of rigging.

The Miss Universe organization did not immediately respond to an email from The Associated Press seeking comment about the allegations against Rocha Cantú.

Mexico’s federal prosecutors said last week that Rocha Cantú has been under investigation since November 2024 for alleged organized crime activity, including drug and arms trafficking, as well as fuel theft. Last month, a federal judge issued 13 arrest warrants for some of those involved in the case, including the Mexican businessman, whose company Legacy Holding Group USA owns 50% of the Miss Universe shares.

The organization’s other 50% belongs to JKN Global Group Public Co. Ltd., a company owned by Jakkaphong “Anne” Jakrajutatip.

A Thai court last week issued an arrest warrant for Jakrajutatip who was released on bail in 2023 on the fraud case. She failed to appear as required in a Bangkok court on Nov. 25. Since she did not notify the court about her absence, she was deemed to be a flight risk, according to a statement from the Bangkok South District Court.

The court rescheduled her hearing for Dec. 26.

Rocha Cantú was also a part owner of the Casino Royale in the northern Mexican city of Monterrey, when it was attacked in 2011 by a group of gunmen who entered it, doused gasoline and set it on fire, killing 52 people.

Baltazar Saucedo Estrada, who was charged with planning the attack, was sentenced in July to 135 years in prison.



Source link

Continue Reading

Business

Elon Musk’s X fined $140 million by EU for breaching digital regulations

Published

on



European Union regulators on Friday fined X, Elon Musk’s social media platform, 120 million euros ($140 million) for breaches of the bloc’s digital regulations, in a move that risks rekindling tensions with Washington over free speech.

The European Commission issued its decision following an investigation it opened two years ago into X under the 27-nation bloc’s Digital Services Act, also known as the DSA.

It’s the first time that the EU has issued a so-called non-compliance decision since rolling out the DSA. The sweeping rulebook requires platforms to take more responsibility for protecting European users and cleaning up harmful or illegal content and products on their sites, under threat of hefty fines.

The Commission, the bloc’s executive arm, said it was punishing X because of three different breaches of the DSA’s transparency requirements. The decision could rile President Donald Trump, whose administration has lashed out at digital regulations, complained that Brussels was targeting U.S. tech companies and vowed to retaliate.

U.S. Secretary of State Marco Rubio posted on his X account that the Commission’s fine was akin to an attack on the American people. Musk later agreed with Rubio’s sentiment.

“The European Commission’s $140 million fine isn’t just an attack on @X, it’s an attack on all American tech platforms and the American people by foreign governments,” Rubio wrote. “The days of censoring Americans online are over.”

Vice President JD Vance, posting on X ahead of the decision, accused the Commission of seeking to fine X “for not engaging in censorship.”

“The EU should be supporting free speech not attacking American companies over garbage,” he wrote.

Officials denied the rules were intended to muzzle Big Tech companies. The Commission is “not targeting anyone, not targeting any company, not targeting any jurisdictions based on their color or their country of origin,” spokesman Thomas Regnier told a regular briefing in Brussels. “Absolutely not. This is based on a process, democratic process.”

X did not respond immediately to an email request for comment.

EU regulators had already outlined their accusations in mid-2024 when they released preliminary findings of their investigation into X.

Regulators said X’s blue checkmarks broke the rules because on “deceptive design practices” and could expose users to scams and manipulation.

Before Musk acquired X, when it was previously known as Twitter, the checkmarks mirrored verification badges common on social media and were largely reserved for celebrities, politicians and other influential accounts, such as Beyonce, Pope Francis, writer Neil Gaiman and rapper Lil Nas X.

After he bought it in 2022, the site started issuing the badges to anyone who wanted to pay $8 per month.

That means X does not meaningfully verify who’s behind the account, “making it difficult for users to judge the authenticity of accounts and content they engage with,” the Commission said in its announcement.

X also fell short of the transparency requirements for its ad database, regulators said.

Platforms in the EU are required to provide a database of all the digital advertisements they have carried, with details such as who paid for them and the intended audience, to help researches detect scams, fake ads and coordinated influence campaigns. But X’s database, the Commission said, is undermined by design features and access barriers such as “excessive delays in processing.”

Regulators also said X also puts up “unnecessary barriers” for researchers trying to access public data, which stymies research into systemic risks that European users face.

“Deceiving users with blue checkmarks, obscuring information on ads and shutting out researchers have no place online in the EU. The DSA protects users,” Henna Virkkunen, the EU’s executive vice-president for tech sovereignty, security and democracy, said in a prepared statement.

The Commission also wrapped up a separate DSA case Friday involving TikTok’s ad database after the video-sharing platform promised to make changes to ensure full transparency.

___

AP Writer Lorne Cook in Brussels contributed to this report.



Source link

Continue Reading

Trending

Copyright © Miami Select.