Jeff Bezos to Step Down as Amazon CEO, Web Services Head Andy Jassy to Take Over

Amazon founder Jeff Bezos said he would stand aside later this year as chief executive of the company he built from a startup into one of the world's most valuable firms.

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Amazon's founder Jeff Bezos to step down as CEO, Andy Jassy to take over

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Google cofounder Sergey Brin's family office to open in Singapore

He is the latest tycoon to take advantage of Singapore’s low taxes, high security and generous incentives for family offices, which manage the lives and wealth of the super-rich.

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Empire-builder Bezos looks beyond Amazon

Now 57, Bezos founded Amazon in 1994 and went on to grow it into a colossus that dominates online retail, with operations in streaming music and television, groceries, cloud computing, robotics, artificial intelligence and more.

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ETtech Morning Dispatch on Feb. 3, 2021: Jeff Bezos to step down as Amazon CEO, Expanded 'Google Tax' in India

Jeff Bezos will step down as Amazon CEO later this year, to be replaced by AWS' Andy Jassy. Closer home, 'Google Tax' will now cover more foreign entities, and ADB is in talks to set up GIFT City's fintech hub. Here's a look at the top tech news to start your day.

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Jeff Bezos is stepping back with net worth near all-time high

As $197 billion, outgoing Amazon CEO Jeff ​​​Bezos' net worth is the highest it has been this year, trailing only Tesla CEO Elon Musk.

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AWS' Andy Jassy, Jeff Bezos' successor, is most important person in tech

Amazon Web Services CEO Andy Jassy cuts a low profile outside of the wonky world of cloud computing. But for much of the last decade he’s been arguably the most important person in the tech industry.

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