Jeff Bezos, who is today the richest man in the world according to ‘Forbes’, announced that he will step down from his position as CEO of the Amazon company.
His departure is officially in the third quarter of 2021. His position is held by Andy Jassy, head of the company’s cloud computing unit.
(Also read: Who is Andy Jassy, the CEO who will replace Jeff Bezos at Amazon
Amazon confirmed through a statement that, Although he is retiring, Bezos will remain part of the company as CEO.
“Now I see Amazon in its most inventive way, making it an optimal time for this transition.”, Jeff Bezos explained in the document announcing the news.
(You can read: Jeff Bezos: Fun Facts About The Tycoon Leaving Amazon).
According to the medium ‘El Economista’, Fourth quarter sales were up 44 percent to $ 125.6 billion, better than the analyst average estimate of $ 119.7 billion. Earnings were $ 14.09 per share, compared to analyst forecasts of $ 7.34. ” In other words, the company is doing well.
(If you’re interested: Bill Gates proposes a global warning system to prevent more pandemics).
Like the Bezos case, there have been others in which tycoons and company founders stepped down.
Bill Gates
In 2020, Bill Gates was listed by Forbes magazine as the second richest man in the world.
Mehdi Taamallah. AFP
Bill Gates founded Microsoft in 1975 with Paul Allen. In 1986, he became the youngest billionaire in the US at the age of 31, according to the BBC..
Gates’ tour is one of the most acclaimed by the media around the world. In 2020, he was listed by Forbes magazine as the second richest man in the world, a notch lower than Jeff Bezos.
(You might be interested: criticism between Musk and Bezos for their satellite internet projects).
As reported by the ‘BBC’, Gates’ withdrawal from Microsoft’s mind has taken place since 2008, when he left the position of CEO of the company.
Since then he has only participated in the board of directors. Naturally, Gates reported in early 2020 that he would be leaving the company completely.
(Read more: The day Netflix said no to a million dollar offer from Jeff Bezos.)
She currently focuses on issues such as public health, global development, education and climate change. He has been known as a dedicated philanthropist, alongside his wife Melinda, since the foundation that bears his name.
As reported by the ‘BBC’, “The couple were named the most generous charity in the United States by The Chronicle of Philanthropy two years ago after contributing $ 4.8 billion to their foundation in 2017.”.
(Continue here: Jeff Bezos and Elon Musk break records among the richest in the world.)
Larry Page
Sergei Bin on the left and Larry Page on the right.
In December 2019, Larry Page, a co-founder of Google, resigned as CEO of technology company Alphabet after four years in that position.
Nevertheless, He remained a member of the company’s board of directors. That was the first time he left an executive position since he co-founded Google in 1998 with Sergey Brin.
According to ‘El País’ from Spain, Page remains a prominent voice in both Alphabet and Google because of his founder status and the fact that he owns 5.8% of the shares.
(You may be interested: the curious device Amazon would like to track sleep with).
Sergei Bin
Larry Page on the left and Sergei Bin on the right
Sergei Bin, Google’s other co-founder, also resigned as Alphabet’s president..
Bin, like Larry Page, decided to retire in 2019 for the same date. In a statement they allowed, both stated that “Alphabet and Google no longer need two CEOs and a president.”
(We recommend reading: The Fortune Elon Musk Won in One Day and Surpassed Bill Gates).
The decisions were made in favor of the company, according to the text. “Now that Alphabet is well established and Google and the other companies are effectively operating as independent companies, now is the natural time to simplify the administrative structure.”
Bake holds 25.9%. of the total votes and 5.6% of the shares of the company.
(Continue here: In this way, Bezos has informed his employees that he will no longer be CEO of Amazon.)
Steve Ballmer
In 2020 ‘Forbes’ ranked him as the eleventh richest man in the world.
Eccentric millionaire Steve Ballmer was Microsoft’s CEO. He joined in 1980 as an employee and just a year later he already owned 8% of the company.
Used to be the first manager of the technology company.
In 2008 he became CEO and that was then He became Bill Gates’ right-hand man.
(Also read: What time do tycoons like Jeff Bezos stand to be productive?).
In 2013, just five years later, he announced his retirement, referring to a transition period of 12 months. On February 4, 2014, it was announced that Satya Nadella would be the company’s new CEO.
Finally, on August 19, 2014, Ballmer was completely withdrawn from his position at Microsoft
In 2020 ‘Forbes’ ranked him as the eleventh richest man in the world. Owns one fortune of more than $ 80,000 million (more than two hundred eighty-two trillion pesos).
(This may interest you: Three Questions Jeff Bezos asks before hiring someone.)
As a result, he has not skimped when he indulges in occasional luxuries. The most famous: he bought the Los Angeles Clippers (United States) basketball team.
“I’m going to give the team the necessary resources, with the best coach, the best workers and the best players, so that they are the first on the field” Ballmer stated after acquiring the NBA team.
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