Like Jack Ma, Jeff Bezos Quits Amazon Empire
The 57-year-old who is the world’s richest person has announced to shift his focus towards his other ventures including Blue Origin, his rocket ship company, and The Washington Post
Exact 27 years after Amazon was founded by Jeff Bezos in 1994, he stepped down as CEO of the American e-commerce company.
The 57-year-old who is the world’s richest person has announced to shift his focus towards his other ventures including Blue Origin, his rocket ship company, and The Washington Post.
Amazon Web Service CEO Andy Jassy is going to fill in his shoes and is among the prominent workers of the company.
As per details, the net worth of the tech giant was estimated at $202 billion in 2021.
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The man behind the diversified company made it a huge hit with years of dedication and unorthodox rules.
Kicking it off as an online bookstore in the garage of his rented house decades ago, Jeff Bezos, with his brilliant leadership, turned Amazon into a mammoth of $1.7 trillion worth.
Over the years, Amazon shifted the focus from online selling to e-commerce, cloud computing, healthcare, banking, and a lot more.
Similarly, the Chinese business magnate and co-founder of Alibaba Group, Jack Ma, had stepped down as CEO of Alibaba in September 2019.
The charismatic entrepreneur, one of China’s most recognizable public figures, was replaced by the lower-profile Daniel Zhang, the company’s chief executive and an accountant by training, said Bloomberg.
