#ANDY JASSY NET WORTH FULL#

#ANDY JASSY NET WORTH FULL#

He will be an outstanding leader, and he has my full confidence,” Bezos said. “Andy is well known inside the company and has been at Amazon almost as long as I have. We are leaders in areas as varied as machine learning and logistics, and if an Amazonian’s idea requires yet another new institutional skill, we’re flexible enough and patient enough to learn it.”Īndy Jassy, a graduate of Harvard Business School, has been with Amazon since 1997 and developed Amazon Web Services (AWS), which is the profit engine of the company. We serve individuals and enterprises, and we’ve pioneered two complete industries and a whole new class of devices. We have things in the pipeline that will continue to astonish. We are firing on all cylinders, just as the world needs us to.

“Amazon couldn’t be better positioned for the future.

I’m super passionate about the impact I think these organisations can have. I’ve never had more energy, and this isn’t about retiring. As Exec 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. When you have a responsibility like that, it’s hard to put attention on anything else. Being the CEO of Amazon is a deep responsibility, and it’s consuming. Millions of customers depend on us for our services, and more than a million employees depend on us for their livelihoods. “As much as I still tap dance into the office, I’m excited about this transition. When times have been tough, you’ve been strong and supportive, and we’ve made each other laugh. “When times have been good, you’ve been humble. I get to work with the smartest, most talented, most ingenious teammates,” Bezos said in a letter informing staff of the transition. Right now I see Amazon at its most inventive ever, making it an optimal time for this transition.”īezos will step down as CEO in the third quarter of 2021 and become Amazon’s executive chairman, allowing him, he said, to spend more time on his other interests – his rocket company Blue Origin, The Washington Post newspaper and Amazon’s Earth Fund. When you look at our financial results, what you’re actually seeing are the long-run cumulative results of invention. That yawn is the greatest compliment an inventor can receive. “If you do it right, a few years after a surprising invention, the new thing has become normal. “We pioneered customer reviews, 1-Click, personalised recommendations, Prime’s insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace, infrastructure cloud computing, Career Choice, and much more. We do crazy things together and then make them normal,” Bezos said in a media statement announcing Amazon’s financial results for its fourth quarter ended 31 December 2020. “Amazon is what it is because of invention. He has amassed a fortune of US$196.2 billion, according to Forbes’ billionaires list and is a once-in-a-generation inventor that has fundamentally changed how humans buy products and interact with the internet. Amazon Founder, CEO and Chair Jeff Bezos is handing over the CEO role to Andy Jassy, CEO of Amazon Web Services The business now employs 1.3 million people and is involved in ecommerce, cloud computing, artificial intelligence and digital streaming. Amazon, the multinational technology company, shocked the financial world when it announced Jeff Bezos was stepping down and will be replaced by Andy Jassy.īezos, 57, started Amazon in his garage on 5 July 1994.

Andy jassy net worth