The billionaires are back together, this time in Sun Valley, Idaho, for the annual Allen & Co. conference of tech and media executives. Here are photos from Sun Valley:John Elkann, chief executive officer of Exor NV, rides a bicycle to the morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Friday, July 11, 2025. (David Paul Morris/Bloomberg via Getty Images)Evan Spiegel, CEO of Snap Inc., walks to a morning session at the Allen & Company Sun Valley Conference on July 10, 2025, in Sun Valley, Idaho. (David Paul Morris/Bloomberg via Getty Images)Alex Karp, CEO of Palantir Technologies, walks to lunch at the Allen & Company Sun Valley Conference on July 10, 2025, in Sun Valley, Idaho. (David Paul Morris/Bloomberg via Getty Images)Luis von Ahn, co-founder of Duolingo, walks to a morning session at the Allen & Company Sun Valley Conference on July 10, 2025, in Sun Valley, Idaho.