Jeff Bezos is all set to leave an enduring legacy after transforming Amazon from an online bookseller into one of the world's most powerful corporations. He is set to hand over the job of Amazon chief executive on Monday to Andy Jassy and turn his attention to his private space exploration firm, philanthropy and other endeavours. He will retain a key role as executive chair at the technology and e-commerce giant that he founded 27 years ago. Amazon's market valueToday, Amazon has a market value of more than $1.7 trillion. Bezos' new ventureBezos will step away from day-to-day Amazon management to spend more time on projects including his space firm Blue Origin -- which is set to take him into space later this month.

Source: Hindustan Times July 04, 2021 06:11 UTC