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Latest News Of Jeff Bezos: Jeff Bezos is resigning From Amazon As CEO

Latest News Of Jeff Bezos: Jeff Bezos is resigning from Amazon as the CEO. Jeff Bezos has announced that he will become executive chairman of Amazon’s executive board.

Very surprise move Mr. Jeff Bezos, He has announced that he will be stepping down as the Amazon CEO. Because of that has pushed him to worldwide fame, and he also managed to change the fortunes of Amazon.Inc over the years.

Latest News Of Jeff Bezos: Jeff Bezos is resigning As CEO of Amazon

While resigning as the CEO of Amazon look like retirement for Bezos, but it will not exactly like that as he has made it clear he is not looking for the same and that a move to executive chairman of the board at Amazon will give him time and energy to focus on his other ventures.

What will be the next move of Jeff Bezos?

As mentioned above, retirement is not announced of Mr.Bezos at the moment. In fact, he will attempt to maximise his holdings in the other company’s he has founded or projects taken on over the last few years.

Jeff Bezos is the World’s richest Person with around $200 billion net-worth, So he has enough capital to fund not only his passions but in others also.

Latest News Of Jeff Bezos

“As Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions. I’ve never had more energy, and this not about retiring. I’m super passionate about the impact I think these organisations can have.” Bezos said in an email to Amazon employees.

Latest News Of Jeff Bezos

Among these, Blue Origin is the most interesting company as it holds the amazing potential to rival Elon Musk’s SpaceX and power the next NASA mission to the moon.

Blue Origin was established by Jeff Bezos in 2000 and has since done a lot of important work in the consumer space sector. One of the goals of the company is to make space travel more accessible by using reusable Rocket launch systems. It is also one of Bezos childhood projects.

Latest News Of Jeff Bezos

The other major project that he could focus on will be the charitable Day 1 Fund he started in 2018 along with his then-wife MacKenzie. This $2 billion investment aims to support homeless families and fund educational opportunities.

The name “Day 1” comes from Bezos’ principle of approaching every day with a first-day mentality, which the mogul applied to Amazon.

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