Amazon CEO, Jeff Bezos Steps Down From Post After 27 Years Of Founding The Company
- ByStartupStory | July 5, 2021
Jeff Bezos steps down from post as Amazon CEO after 27 years.”Being the CEO of Amazon is a deep responsibility, and it’s consuming. When you have a responsibility like that, it’s hard to put attention on anything else. As Executive Chair, I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions,” he said earlier in the year, when Bezos announced his decision. he added, “I’ve never had more energy, and this isn’t about retiring. I’m super passionate about the impact I think these organisations can have.”
He started Amazon as an online bookseller out of his garage in Seattle in 1994, with 90 percent of his wealth coming from Amazon Inc, where he’s the largest shareholder, Bezos added close to $90 billion to his net worth last year. He currently holds about 11 percent in Amazon stock.
“Keep inventing, and don’t despair when at first the idea looks crazy. Remember to wander. Let curiosity be your compass. It remains Day 1,” Jeff Bezos said before signing off.
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