Jeff Bezos Is Stepping Down as Amazon CEO
Jeff Bezos’ Billion Buck Fortune and Divorce: By The Numbers
Jeff Bezos is stepping down from his put up at Amazon.
On Tuesday, Feb. 2, founder and CEO of the abilities company talked about he’ll transition to the operate of govt chair later this year. Chief govt of Amazon Web Services and products Andy Jassy will change into the next CEO.
In an email memo to workers made public, Bezos reflected on Amazon’s insurmountable enhance over the final just about three a long time.
“This bolt started some 27 years ago,” he described. “Amazon changed into once handiest an belief, and it had no name. The inquire of I changed into once asked most assuredly at that time changed into once, ‘What is the cyber web?’ Blessedly, I haven’t had to insist that in a lengthy whereas.”
In 1995, the Princeton University grad based Amazon as a web e book shop in his garage. Now, in line with CNBC, Bezos, 57, is the 2nd richest particular person alive within the good thing about Tesla and SpaceX founder Elon Musk. Bezos is worth an estimated $184 billion.
Bezo described his time at Amazon as “significant and fun,” writing, “I procure to work with the neatest, most gifted, most ingenious teammates. When situations had been appropriate, you are going to also safe got been humble. When situations had been demanding, you are going to also safe got been sturdy and supportive, and now we safe made every other giggle. It’s a pleasure to work on this group.”
MICHAEL REYNOLDS for Shutterstock
Making an try in direction of the longer term, Bezos talked about that whereas he stays dedicated to fostering persisted innovation across Amazon, his focal point will shift in numerous locations.
“As worthy as I calm faucet dance into the situation of job, I’m desirous about this transition,” he persisted. “Hundreds of hundreds of clients rely on us for our services, and bigger than 1,000,000 workers rely on us for their livelihoods. Being the CEO of Amazon is a deep accountability, and or no longer it is ingesting. At the same time as you are going to also safe got a accountability care for that, or no longer it is tough to put attention on the relaxation.”
“As Exec Chair I would possibly reside engaged in important Amazon initiatives however furthermore safe the time and vitality I need to focal point on the Day 1 Fund, the Bezos Earth Fund, Blue Initiating, The Washington Post, and my other passions,” Bezos wrote to workers. “I’ve never had more vitality, and that is no longer about retiring. I’m tall fascinated by the influence I have confidence these organizations can safe.”
For more perception into Bezo’s private world a ways flung from Amazon, learn our deep dive right here.
Behold Day after day Pop weekdays at 11 a.m., handiest on E!