Jeff Bezos will no longer be CEO of Amazon as of July 5, 2021

After 27 years as CEO of Amazon, Jeff Bezos will finally step down on July 5, 2021. His replacement will be Andy Jassy, ​​CEO of AWS, Amazon’s on-demand cloud computing service.

Jeff Bezos Andy Jassy
Jeff Bezos, Andy Jassy

It’s official, Jeff Bezos will step down as CEO of Amazon on July 5, 2021. The one who saw his fortune cross the $ 100 billion mark in 2017 and re-become the richest man in the world. world in February will leave his post to Andy Jassy, ​​head of Amazon Web Services.

Jeff Bezos steps down as CEO of Amazon

Known to be the CEO of Amazon, Jeff Bezos was also its founder and main shareholder for over 27 years. Wishing to build the largest bookstore in the world as the Amazon is the largest river on the planet, Bezos founded amazon.com on July 5, 1994, in Seattle. At the beginning of the launch of the company, Jeff Bezos worked with his employees in his garage, in particular for the development of a software.

After an investment of $ 240,000 from its parents, Amazon opened its doors in July 1995. Since then, everyone knows the success of Amazon, which has become the world’s largest online sales company, with a turnover of $ 280.5 billion in 2019.

See also: Lord of the Rings: Amazon Explains Why It Will Be The Most Expensive Series Ever

He also invests nearly $ 1 billion a year in his space travel business Blue Origin. He also owns IMDb, Audible.com or The Washington Post. Forbes magazine ranks him as the world’s number one fortune in 2020, with assets estimated at over US $ 200 billion.

The torch will therefore be passed to Andy Jassy, ​​the current boss of Amazon Web Services (AWS), which he launched with Bezos in 2006 to diversify the group’s activities into cloud computing on demand. He had arrived at Amazon three years after its creation, freshly graduated from Harvard. He was hired for a position of director of marketing for the site which is still only an online bookstore. Both technical advisor and chief of staff to Jeff Bezos, he has always been close to him.

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