SUN VALLEY, IDAHO - JULY 09: Bill Gates, co-founded of Microsoft and co-chair of the Bill & Melinda Gates Foundation, rides in a golf cart at the the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 9, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images) *** BESTPIX ***

SUN VALLEY, IDAHO - JULY 09: CEO of Meta Platforms Mark Zuckerberg attends the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 9, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images) *** BESTPIX ***

SUN VALLEY, IDAHO - JULY 09: Bill Gates, co-founder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, attends the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 9, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images) *** BESTPIX ***

HAILEY, IDAHO - JULY 09: Private jets and airplanes are parked at Friedman Memorial Airport the week of the Allen & Company Sun Valley Conference on July 09, 2026 in Hailey, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

HAILEY, IDAHO - JULY 09: Private jets and airplanes are parked at Friedman Memorial Airport the week of the Allen & Company Sun Valley Conference on July 09, 2026 in Hailey, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

HAILEY, IDAHO - JULY 09: Private jets and airplanes are parked at Friedman Memorial Airport the week of the Allen & Company Sun Valley Conference on July 09, 2026 in Hailey, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

HAILEY, IDAHO - JULY 09: Private jets and airplanes are parked at Friedman Memorial Airport the week of the Allen & Company Sun Valley Conference on July 09, 2026 in Hailey, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

SUN VALLEY, IDAHO - JULY 09: Tim Armstrong, founder and CEO of Flowcode, goes for a run at the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 9, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)