Latest News

6/recent/ticker-posts

Ad Code

Amazon boss is worth millions: what is he like?

 Jeff Bezos will step down as Amazon chief later this year and hand over the reins to a company executive few people will recognize.

However, Andy Jassy, ​​53, is reported to be a close confidant of Bezos and has been instrumental in the success of tech companies in recent years.

Here are five things about Mr. Jassy that you might not know:

Amazon boss is worth millions: what is he like?

1. He has been on Amazon since the early days.

Jassy, ​​who grew up in Scarsdale, New York, joined Amazon in 1997, three years after it was founded.

"I took my last final exam at Harvard Business School on the first Friday in May 1997 and started with Amazon the next Monday," Jassy said on an HBS podcast in September.

"No, I didn't know what my job would be, or what my title would be. It was very important to the people of Amazon that we went that Monday."

After working as Bezos' technical assistant, he created the company's cloud computing division, Amazon Web Services (AWS), in 2006, which has become a huge success under his leadership.

Jassy had been considered a possible successor to Bezos for some time, but the Washington Post declared him heir apparent in September when Jeff Wilke, director of Amazon's consumer business, announced that he would be retiring.

2. he has supported social causes

Unlike Bezos, Jassy occasionally talks about social issues. In September, he tweeted about the need for police to be held to account after Breonna Taylor, a black woman, was shot dead at her home by white police officers during a failed raid.

"If the police departments are not held accountable for the murder of black people, we will never have justice or change," he said.

https://twitter.com/ajassy/status/1309176233117257728

He is also a supporter of LGBTQ rights and immigration reform, but sparked controversy for defending sales of Amazon's facial recognition software to law enforcement and foreign governments.

Addressing ethical concerns last year, he told Frontline that the people who use the technology had to be held accountable, "and if they use it irresponsibly, they must be held accountable."

Amazon boss is worth millions: what is he like?

3. Helped turn Amazon's cloud team into a Goliath

It's no secret that Amazon Web Services, the company's cloud computing division, is Amazon's profit engine, and Jassy was instrumental in its success.

She now has a dominant 30% share of the cloud market, providing data storage for companies like McDonald's and Netflix.

But AWS is also facing increasing competition from other giants, the owner of Google, Alphabet, and Microsoft.

Tom Johnson, director of transformation for Mindshare Worldwide, said, "Jassy's experience running AWS shows how important these services are to Amazon's business strategy.

4. He loves music and sports

Jassy, ​​married with two children, is a huge music fanatic. At the main events, a live band has supported him and he helps choose the songs to be played.

He also ran a band in Boston before joining Amazon and says he has a "particular passion" for discovering new artists.

"Since I was young, I attended a lot of concerts. In high school, I really liked the Rolling Stones, Bruce Springsteen, Elvis Costello and Traffic," he told CRN in 2019.

"In college, Guns N 'Roses and the cult. After college, Black Crowes, Alice in Chains, Soundgarden, Pearl Jam, Nirvana, Shawn Mullins, Willy Porter and Shawn Colvin jumped on that list."

He is also a sports lover and has a minority stake in his local hockey team, Seattle Kraken, alongside film producer Jerry Bruckheimer and billionaire investor David Bonderman.

Amazon boss is worth millions: what is he like?

5. He is estimated to be worth $ 394 million.

Jassy's hard work at Amazon has paid off, and he had an estimated fortune of $ 394 million in November 2020.

It's unclear what his pay will be as CEO of Amazon, but it's likely to be many times what he takes home today.

According to a Business Insider profile from last year, Jassy is well liked by his colleagues and described as easy going. But he didn't get to where he's being nice.

"If you're not ready for a meeting with him ... and especially if you try to mask that unpreparedness with gentle conversation, he will know and make it clear," said Scott Chancellor, a former director of AWS. the news portal.

"People who don't do their best in those meetings won't get a second chance, at least not for long."

Post a Comment

0 Comments