Amazon.com founder Jeff Bezos became the richest man in the world whose net worth topped $100 billion at the end of November. Picture of Jeff Bezos arriving on the red carpet for The Post premiere at the Newseum on December 14, 2017 in Washington, DC, USA. Photo by Dennis Van Tine/Abaca/Sipa USA
NEW YORK (AP) — Amazon said Tuesday that Jeff Bezos is stepping down as CEO later this year, a role he’s had since he founded the company nearly 30 years ago.
Bezos built the company from an online bookstore into a behemoth that sells just about everything. A
mazon said he’ll be replaced in the fall by Andy Jassy, who runs Amazon’s cloud business.
Bezos will then become the company’s executive chairman.