Andy Jassy Has Been With Amazon Almost as Long as Jeff Bezos Himself

Mar. 22 2021, Updated 11:37 a.m. ET

When longtime Amazon CEO and founder Jeff Bezos announced that he would be stepping down and naming a substitute, it created a wave of wonder among the public. 

But while some questioned why he would give up this sort of comfortable position, others have became their consideration to his successor, Andy Jassy. Because not best has Andy been in rate of Amazon Web Services, which he himself created, he has been with the company for just about 30 years.

Clearly, Andy has what it takes to step right into Jeff's position with little hiccups on his section or ripples of uncertainty all over the corporate. But for many who have no idea much about the guy, it is hard to not wonder who he is, the place he came from, and the way he got here to be such an integral a part of a trillion-dollar company.

Andy Jassy's family is filled with high-profile executives.

While Andy doesn't come from a family of lawyers, per se, his father, Everett L. Jassy, used to be a corporate lawyer, and his father-in-law, George Caplan, also works in the field as a litigation lawyer for enormous firms. Andy's spouse, on the other hand, is a bit removed from the company ladder. 

Elana Rochelle Caplan additionally works for Amazon as a advertising and marketing manager, but she works in style for Eddie Bauer Inc. too. She doesn't appear to be too large on social media, a minimum of as some distance as any public accounts are involved, but like her husband, Elana turns out to be immersed in all aspects of her personal profession.

Together, Andy and Elana have two youngsters. But, like Andy and Elana, there isn't a lot identified about them. Of route, now that Andy is about to take over as the Amazon CEO, his family will be plucked from virtual obscurity and thrust into the spotlight in a extra head-on way. However, for now, the Jassy family turns out to be playing their privateness.

What is Andy Jassy's net price?

Andy joined Amazon in 1997 when he was once fresh out of Harvard Business School and, in 2003, he created Amazon Web Services, of which he is the CEO. As a longtime Amazon employee, Andy's net worth is estimated to be round $400 million. While that may sound like an insurmountable number, to put it into viewpoint, Jeff Bezos's net worth is said to be roughly $195 billion.

Still, Andy has finished smartly for himself over the years because of his work with Amazon and, he mentioned in a 2020 interview with a Harvard Business School podcast, it did not rather subject what function he would be given when he agreed to return onboard.

"I took my last final exam at HBS, the first Friday of May in 1997, and I started Amazon next Monday," he shared. "No, I didn't know what my job was going to be, or what my title was going to be."

Andy Jassy's wage will most likely see a hefty increase as the Amazon CEO.

In 2016, Andy made about $35.61 million in wage and stocks, which outweighed different top executives, together with Jeff Bezos himself. His base compensation was once $175,000, then again. If he maintains his role with the Amazon Web Services division as he heads the company as an entire, Andy will be pretty busy.

It's unlikely that will happen, but as an established executive, he could see his base wage and inventory options building up significantly as the new CEO. For now, alternatively, Amazon has now not introduced who Andy's successor will be, however he was the natural option to take over for Jeff.

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