Under Bezos, Amazon transformed itself from an online bookseller startup into the world's largest online retailer. Jeff Bezos stepped down as Amazon's CEO on Monday, exactly 27 years since he started the e-commerce giant in a garage in West Bellevue, Wash.īezos is handing day-to-day duties to his longtime deputy Andy Jassy but will continue to hold considerable sway as the company's executive chairman. As CEO of SpaceX, Musk is also a rival to Bezos, owner of Blue Origin LLC, in the private space race.īezos on February 3, 2021, announced that he will step down as the CEO of Amazon and will become the executive chairman, a move he said would give him "time and energy" to focus on his other ventures and passions.Jeff Bezos stepped down on as CEO of Amazon on Monday and is handing the reins to his longtime deputy Andy Jassy. The South Africa-born engineer Elon Musk's net worth was $188.5 billion at 10:15 am on January 7 in New York, $1.5 billion more than Bezos, who has held the top spot since October 2017. In 2016, he figured in the 14th position in the Forbes list of the world's most powerful people. In August 2013, Bezos bought the newspaper Washington Post for $250 million.
Within the first month of its launch, Amazon had already sold books to people from 45 different countries. In 1994, when Bezos found out that the web had grown 2,300% in just a year, he decided to take advantage of the fact and started selling books online. Shaw, a hedge fund and rose to the position of senior vice president in four years. After graduating in computer science from Princeton, he joined a startup called Fitel.
He also told him that in life, it’s harder to be kind than clever. Right from an early age, he was greatly inspired by his grandfather, Preston Gise who encouraged him to follow the path of intellectual thinking. Jeff Bezos is an American technology entrepreneur and philanthropist, who is also the founder and CEO of, which is the world’s largest online shopping retailer.
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