Jeff Bezos, who founded Amazon 27 years ago on the same date, has formally stepped down as CEO of the company he holds to this day.

Following this he will be focusing full time on their dream destination Blue Origin space travel company. Andy Jose, who has been with Amazon‘s new CEO Jeff Bezos for more than 20 years, is taking over following his resignation.

Jeff Bezos
Jeff Bezos

Launched in the early days to sell books online, Amazon is today the world’s leading e-commerce company. The company was founded on July 5, 1994, 27 years ago. Jeff Bezos announced last May that he would step down on the same day. He has done just that.

What will Jeff Bezos do now?

Just last February, Jeff Bezos announced his resignation. Andy, who will take over his responsibilities, has been overseeing the Clet computing business. Andy Jesse, 53, joined Amazon in 1997 after studying at Harvard.

Despite stepping down as CEO, Jeff Bezos will continue to serve as the company’s executive chairman, focusing on the company’s new products and campaign development activities.

amazon blue
amazon blue

Jeff Bezos has long been the world’s richest man. His net worth is $ 16.7 billion. It is worth about Rs 13 lakh crore in India.

Former wife of Scott Jeff Bezos, one of the richest women in the world. Most of the money he had was found when he dealt with Amazon founder Jeff Bezos in 2019.

Last December, he donated about Rs 32,000 crore of that money to charities. Despite making numerous donations, he is still the 22nd richest man in the world, according to Forbes magazine. His assets are worth more than Rs 4 lakh crore.

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