Jeff Bezos to step down as Amazon CEO after 27 years ...News

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Jeff Bezos to step down as Amazon CEO after 27 years
The founder of online shopping giant Amazon, Jeff Bezos, is set to officially step down on July 5 as the company’s chief executive officer. Bezos, named the world’s richest man by Forbes magazine earlier this year, with assets worth some $189 billion, is set to quit his post to free up time for his space-travel venture, Blue Origin. Initially built as an online bookstore back in the 1990s, Amazon is now one of the most valuable publicly traded companies in the world, with a market capitalization of $1.7 trillion. Also on rt.com Virgin Galactic stock skyrockets as Richard Bra

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