The Devil Wears Prada 2 had its world premiere at Lincoln Center in New York on Monday, and the sequel is already drawing attention for where it points its satire. Variety said it spoke to five people who saw the film in New York or London, and their read was that the movie turns its sharpest gaze toward Jeff Bezos and Lauren Sánchez Bezos, not Anna Wintour or the editors around her.
That is a notable shift for a franchise built on fashion-world bite. The original Devil Wears Prada arrived 20 years ago and made its mark by skewering high fashion and the woman widely seen as its center of gravity. This time, the film reportedly trades that target for the billionaire couple who have become a fixture in the cultural conversation, a move that lands just as public attention around them has only grown.
Emily Blunt’s character is also named Emily and is described as working at the house of Christian Dior, while also serving as the pretentious partner of a billionaire tech mogul played by Justin Theroux. Theroux’s character is said to be a mashup of Jeff Bezos and Elon Musk, complete with a dramatic body transformation after coming into extreme wealth. Lucy Liu plays his first wife, described as a do-gooder who moves through the world solving problems with her divorce windfall.
The most pointed subplot reportedly follows Emily as she tries to get her oligarch lover to buy Runway, the fictional magazine that stands in for Vogue. That detail lands close to a rumor that has circulated for years: that the Bezos couple were considering acquiring Vogue’s publisher, Condé Nast, which owns The New Yorker, GQ and Vanity Fair, among others. In 2025, Vogue ran a digital cover featuring Sánchez Bezos in her wedding gown, and some in the industry read it as a gesture toward a possible new boss.
The paper trail around the real couple has only fed the speculation. In a lengthy profile in mid-April, quoted Amy Chozick describing Bezos this way: “Now, he is gym-hardened, frequently shirtless, captured mid-laugh in paparazzi photos, canoodling on his megayacht, a man who has discovered joy, love and cosmetic dermatology.” Sánchez Bezos later dismissed the Condé Nast chatter in her own New York Times interview, saying, “I wish!”
There is also a firm denial around the casting speculation. A spokesperson for Blunt told Variety it was “absolutely not true” that her character was based on Sánchez Bezos, even as the film’s setup invites comparisons. The resemblance may be the point, but the sequel appears to be doing more than swapping one satirical target for another; it is updating the joke for a culture in which luxury, media and billionaire vanity now overlap in plain sight.
The sequel screened in London on Wednesday night, and the early chatter suggests the central question has already been answered: Devil Wears Prada 2 is not going after the old fashion tyrants. It is going after the new ones.
