- Jeff Bezos will step down as Amazon CEO on July 5, 27 years to the day after he founded the company.
- Bezos got his start as a New York hedge-funder and grew Amazon into a $1.7 trillion business.
- Along the way, he faced antitrust scrutiny, weathered scandal, and became the world’s richest man.
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After 27 years in charge, Jeff Bezos is stepping down as Amazon CEO.
Over the last 16 months, Amazon experienced a surge in demand as the coronavirus pandemic forced people to shop online more than ever. And as Amazon’s stock has hit new highs, Bezos’ net worth has jumped as well: These days, he’s worth $199 billion, according to Bloomberg.
It hasn’t been all smooth sailing, however. Bezos began his career in the hedge fund world in the 1990s, then left a cushy job to launch his own startup that didn’t turn a profit for years. In 2018, he weathered a high-profile divorce scandal, and Amazon has faced scrutiny over how it treats its workers and the impact it has on the environment.
Here’s how Bezos got his start and built a trillion-dollar empire.
Allana Akhtar contributed to an earlier version of this story.
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