The world’s wealthiest man is stepping back from the day-to-day operations of the business and handing the reins to Andy Jassy. Amazon founder Jeff Bezos has officially stepped down as the company’s chief executive, handing that role over to Andy Jassy, in order to focus on “new products and early initiatives”. With a total net…
Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. Elon Musk edged past Amazon founder Jeff Bezos to grab the title of world’s richest person, according to Bloomberg. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos…
Jeff Bezos‘ Amazon has now become the second company in America to join the $1 trillion league, following Apple in August. The company’s total market value passed $1 trillion on Tuesday after its stock reached the $2,050.50, doubling what it was last year.
