Jeff Bezos steps down as Amazon CEO

Jeff Bezos is to step down as chief executive of Amazon to focus on his other ventures. He founded the e-commerce giant in his garage nearly 30 years ago and now boasts a fortune of almost $200 billion

   
NET WORTH
(2012-21, $ billions)
 
Bezos, 57, to remain as executive chair but hand reins to Andy Jassy, who runs Amazon’s cloud computing business

Feb 3, 2021: $197bn
Bezos regularly trades positions with Elon Musk, CEO of SpaceX and Tesla, as world’s richest person



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BEZOS’ OTHER LOFTY AMBITIONS

Blue Origin: Aims to make access to space cheaper with reusable launch vehicles. Company is testing New Shepard rocket booster (left) and Blue Moon lunar lander, with first
mission planned in 2024
            
Day One Fund:
$2bn fund to help homeless and create network of schools in low-income areas

Bezos
Earth Fund: Bezos has pledged $10bn to finance work by scientists, activists and other groups fighting to counter effects of climate change

Washington Post: Bezos bought U.S. newspaper for $250m in 2013 and is credited with expanding digital presence and ramping up revenue


Sources: Reuters, Bloomberg Billionaires Index
Pictures: Getty Images, Blue Origin, Jeff Bezos
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