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In 2004, Jeff Bezos, founder of retail giant Amazon, answered customer service calls in person at his then 10-year-old bookstore.
And after 27 years, exactly from the date the company was founded (July 5, 1994), Bezos became the second richest man in the world, while his company was worth $ 1.7 trillion.
Bezos, whose leadership skills are said to have been the backbone of his company’s success, was named the first man in the world to amass $ 200 billion in personal wealth, before divorcing his wife and much of that money. comes back to him.
Bezos, who left the marital “cage” in 2019, officially resigned as CEO of Amazon on the occasion of his company’s 27th anniversary and decided to hand the job over to his cloud assistant, Andy Gacy.
In February, Bezos announced he was leaving his job at Amazon, saying he wanted to spend more time on his other projects.
Problems on the way to Bezos
Bezos didn’t start at the top as business heirs to millionaires, but started out as a simple business focused on selling books and then used superior organizational skills to become the world’s largest retail company.
Bezos said in a letter to employees at his company, announcing his desire to step down, “This journey started about 27 years ago, Amazon was just an idea, and it didn’t have a name. The question I was asked at the time was: what is the Internet? “
Throughout his long journey, Bezos, who is described as having a “revolutionary” ideology in the administration, has been a little strained by laws and unions, according to USA Today, the US site. Data released by ProPublica indicated that data from the Internal Revenue Service to study the tax returns of some of America’s richest people, it was in 2007 that Bezos, who was already a billionaire, paid no money. federal tax. In 2011, when his net worth was $ 18 billion, he paid no federal taxes and even received a tax deduction of $ 4,000 for his children.
The company is also struggling in its relationship with warehouse workers, which Bezos has vowed to address.
Next flight
Amazon said in a statement that Bezos’ decision was due to its desire to monitor the activities of its other companies, such as the Washington Post, space company “Blue Origin” and “charities.”
Bezos will be the CEO of the foundation, not its general president.
And CNN quoted global technology analyst Daniel Elman as saying “Bezos will continue to have considerable influence over Amazon by being the largest individual shareholder.”
Elman added that Bezos “will be better able to focus on new initiatives, products and services”.
The value of the business has increased significantly due to the Corona outbreak, which caused damage to other businesses, but in return for the high demand for the company’s services, and also created hardship. work-related in the epidemic environment.
“I’m sure someone saw a huge organizational benefit[qu’Amazon gagnerait]from that time on, “quoted CNN’s James Bailey, professor of leadership development at George Washington University.
Although Bezos has lost his decision-making power, economic analysts say he can still wield significant influence over the company’s operations.
One site said that Bezos is currently preparing to travel to space, on the ship “New Shepard”, which was built by his space company, “Blue Origin”.
Who is Bezos’ successor?
Bezos’ successor, Andrew Gacy, was born in 1968. He holds a master’s degree from the prestigious Harvard University, with a specialization in business administration.
He joined Amazon in 1997 and founded AWS in 2006, turning it into the world’s largest service provider.
Gacy is described as “the shadow of Bezos” and his doppelganger, who, like his boss, focuses on “the obsession with customer service”, and Bezos is said to have protected him from “being fired” in 1997, l ‘calling “one of the most potential employees” of the company.
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