![]() ![]() Jassy grew up in Scarsdale and attended Scarsdale High School. “He will be an outstanding leader, and he has my full confidence,” Bezos said. In his statement on Tuesday, Bezos said Jassy was “well known inside the company and has been at Amazon almost as long as I have.” This position kept him at Bezos’ side daily as the two surveyed the company and moved toward developing AWS, according to a 2015 Forbes profile of Jassy. In Amazon’s early years, Jassy reportedly took on the role of “Jeff Bezos’s Shadow.” What is Andy Jassy’s relationship to Jeff Bezos? His net worth was estimated at $394 million in November 2020. ![]() He owns about 85,000 shares in the company, valued at $287.3 million as of Tuesday, according to CNBC. Jassy was paid a total of $348,809 in 2019, according to Amazon’s most recent proxy statements. What is Andy Jassy’s salary and net worth? ![]() It brought in $12.7 billion in the most recent quarter, up 28 percent from a year ago.Īmazon has not yet announced who will be replacing Jassy at AWS. The service competes with Microsoft Corp’s Azure and Alphabet Inc’s Google Cloud. Under Jassy’s leadership, the division grew to a cloud platform used by millions, signing major customers including Verizon, McDonald’s and Honeywell. Jassy currently leads the company’s cloud computing offshoot, Amazon Web Services, which provides a range of online services for businesses.Ī graduate of Harvard Business School, Jassy founded AWS in 2003 and became its CEO in 2016. What was Andy Jassy’s role at Amazon prior to his promotion? Here’s what else you need to know about the incoming Amazon head. His ascension as CEO won’t take place until the third quarter of 2021, when Bezos, 57, will then become executive chair of Amazon’s board. Jassy had long been rumored to be a potential Bezos successor. Jassy, 53, started with the company as a marketing manager in 1997 - just three years after it was founded by Bezos - and, over the next decades, helped to turn Amazon into a profitable tech firm. Jeff Bezos’ wealth balloons by $12 billion as Amazon stock soars 11 percentĪndy Jassy is set to take over the reins of Amazon after Jeff Bezos announced on Tuesday that he’d be stepping down as CEO of his e-commerce empire. While he's made comments about Trump's "disdain" for Amazon, Jassy has mostly steered clear of politics, though his wife, Elana, has made political donations: She donated $250 to Bernie Sanders' presidential campaign in 2016 and later gave $750 to Hillary Clinton's campaign after she secured the nomination.Amazon scraps several private label clothing brandsĪmazon workers furious over return to office warning: ‘Is this supposed to scare people?’Īmazon to ride Prime-Day wave and host sale event in October Jassy has also been public on Twitter about his thoughts on immigration, LGBTQ discrimination, and affordable housing He's taken to Twitter to condemn police killings of Black Americans and recently became the executive sponsor of Amazon's Black Employee Network. While Bezos has become increasingly public about his opinions in recent years, Jassy is perhaps the most outspoken leader at the company. Jassy is outspoken about social justice issues He took his sports fandom to the next level in 2018 when he became a minority owner the NHL's Seattle Kraken. Despite living in Seattle since the late 1990s, Jassy is still a fan of his hometown teams: In the basement of his Seattle home, Jassy built his own sports bar in order to watch New York Mets, Giants, and Rangers games, according to Fortune. Jassy is a huge sports fan, running a football pool with Amazon employees and attending major sporting events like the Super Bowl. Jassy came onboard at Amazon the same year it went public and quickly stood out as a promising hire: Rick Dalzell, the company's chief information officer at the time, told Fortune's Leena Rao Jassy had a competitive streak and a photographic memory that set him apart, despite his lack of engineering chops. He joined Amazon in 1997 as a marketing manager In between, he worked as a project manager at collectibles company MBI, according to the Financial Times' Leslie Hook. Jassy attended Harvard University for undergrad, then went on to get his MBA from Harvard as well. His mother, Margery, worked as a trustee at youth theater program TheaterWorksUSA, according to The New York Times. His father, Everett, is a lawyer who was a partner at Manhattan law firm Dewey Ballantine. Jassy was raised in Scarsdale, New York, a ritzy enclave about 20 miles north of New York City. Jassy grew up outside of New York City and went to Harvard With Jassy just days away from taking the helm, here's a look at how he got his start and earned the top job at Amazon. Account icon An icon in the shape of a person's head and shoulders. ![]()
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