Bezos steps down to spend more time on his Aerospace Company Blue Origin and will not take part in the daily management of the organization but will retain his position as the executive chair of the organization.
Bezos who is currently the richest person in the world started Amazon as an online bookstore in his garage at the age of 30, packaged the orders himself, and delivered them to the post offices.
Amazon’s market value is over $1.7 trillion, according to a report by AFP making it the most valuable brand on earth. After a divorce settlement with ex-wife Mackenzie Scott, he gave a part of his stake to her Bezos’s current net worth is close to $200 billion.
According to BBC News, he is a man with a singular focus who has created a legendary work philosophy and a company worth almost $1.8trn (£1.3tn)
Many people who work closely with him say he is a man of promising visions and most of them debunked the false claims made against him.
However, a petition to not allow him back to earth has gathered nearly 150,000 signatures after he announced that this month, he intends to fly into space on the first crewed flight made by his company Blue Origin.
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