Everyone knew the day was coming, but investors still seemed surprised by Jeff Bezos’ announcement that he was stepping down as CEO.
After all, Bezos had never had another CEO, and the company built the company from the ground up into one of the world’s largest corporations, with 1.3 million employees, annual sales of nearly $ 500 billion, and a market value of $ 1.7 trillion. Dollars off.
No one has ever started a company and steered it to a valuation of more than $ 1 trillion while at the top. In this regard, Bezos is more successful than Steve Jobs, Bill Gates, Warren Buffett, Sam Walton,
Henry Ford, Andrew Carnegie or John D. Rockefeller.
The shares of Amazon (ticker: AMZN) have risen every year since 2014 and have increased more than tenfold during this period. The company has built its advantage in e-commerce for years. It has a growing fleet of vans and jets …