Jeff Bezos is 'stepping down as Amazon CEO'
Bezos told staff he will become Executive Chair in the third quarter of this year Bezos announced the change in an email to staff on Tuesday afternoon and as the company reported bumper 2020 Q4 earnings of more than $100billion He said he wasn't retiring but will 'focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions' Throughout the whole of 2020, Amazon shares went up by 85% He founded Amazon with his ex-wife MacKenzie Bezos in 1994 on a road trip The company is now worth $1.7trillion and Bezos is the richest man in the world
Source: dailymail.co.uk