Under Bezos's leadership, Amazon identified India as a strategic market as early as 2013
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Amazon founder Jeff Bezos will step down as the chief executive officer in the third quarter of 2021, the company said on Wednesday. Read top news with Business Standard
The announcement ends a long-running question about who would succeed the world's second-richest person at the company's helm
Bezos, who founded the company 27 years ago, will become the executive chairman of the Amazon Board
A dispute that would normally be confined to regulatory filings is spilling into public view, in a spat that showcases the large personalities involved as billionaires chase dreams in the sky
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The South Africa-born engineer's net worth was $188.5 billion at 10:15 a.m. in New York, $1.5 billion more than Bezos, who has held the top spot since October 2017.
Singaporean barrister Michael Hwang joins three-member arbitration tribunal at SIAC, which is looking into the dispute over Future Group's $3.4 bn deal with Reliance Industries
"Being totally disillusioned and fed up with your lackadaisical attitude, we were left with no option, but to accept the offer from the Reliance," Biyani said
The world's richest person made the single-largest charitable contribution in 2020, according to The Chronicle of Philanthropy's annual list of top donations
The world's 500 richest people added $1.8 trillion to their combined net worth this year and are now worth $7.6 trillion, according to the Bloomberg Billionaires Index.
Amazon Fire TV has exceeded 50 million monthly active users worldwide who are streaming billions of hours of content every month, according to the company
Jeff Bezos said his space company Blue Origin will take the first woman to the moon's surface as Nasa neared a decision to pick first privately built lunar landers to send astronauts to moon by 2024
The winner in the fight for Future Retail Ltd, Amazon's estranged local partner, will get pole position in the race to meet the daily needs of more than a billion people.
Industry bodies including the International Chamber of Shipping wrote an open letter urging Bezos to exert pressure on the incoming Biden administration and other leaders
At the center of the case is Amazon's efforts to block Reliance's planned purchase of Future Group's assets
The world's richest man's personal venture capital fund, Bezos Expeditions, supported the Series B funding led by Ribbit Capital, which raised $30 million for the San Francisco-based company.
The Amazon founder has given away stock worth $856 million this year, which estimates his fortune at $183.6 billion
This is the first time the world's richest man has named the beneficiaries to the climate action fund