Feb 4, 2021

Amazon: Five things we know about new boss Andy Jassy

Mr Jassy, who grew up in Scarsdale, New York state, joined Amazon in 1997, three years after it was founded. After working as Mr Bezos's technical assistant, he set up the firm's cloud computing division, Amazon Web Services, in 2006, which has become hugely successful under his leadership. Mr Jassy had been tipped as a potential successor for Mr Bezos for some time, but was declared heir apparent by the Washington Post in September when Jeff Wilke, head of Amazon's consumer business, announced he would retire. Tom Johnson, chief transformation officer at Mindshare Worldwide, said: "Jassy's background in steering AWS shows just how top-of-mind those services are to Amazon's business strategy." Mr Jassy's hard work at Amazon has paid off, and he had an estimated fortune of $394m in November 2020.

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