Empires Built by Jeff Bezos – .

Empires Built by Jeff Bezos – .

In 27 years, Jeff Bezos has made Amazon.com Inc. a colossus whose power and influence spills over into many industries. The fortunes of Mr. Bezos and Amazon have exploded in recent years. As demand intensified for its core online shopping business, the company also experienced resounding success in cloud computing and successfully expanded into entertainment and advertising. As Amazon’s power and ambition grew, the company embarked on an unprecedented hiring wave and expanded its presence in the United States.
Starting Monday, when Mr. Bezos steps down as CEO to become executive chairman, the founder of Amazon will step into a life that will include space exploration, philanthropy, and skyrocketing spending on real estate and new toys. As he hands the day-to-day management of the business to Amazon Web Services CEO Andy Jassy, ​​here’s a look at the personal and professional empires he has created:
Long business tentacles
Amazon dominates online retailing, where it accounts for about 41% of all online sales, according to research firm eMarketer. But the company also helped launch cloud computing services and is a force in the advertising industry, where it now competes with advertising titans Google and Alphabet Inc.’s Facebook Inc.
In recent years, Amazon has made its way deeper into the daily lives of Americans through its streaming services and smart devices, categories where it has maintained a grip even as the competition has intensified. Its Alexa assistant and Fire TV streaming devices consistently rank among Amazon’s best-selling items on its site, in part thanks to regular discounts.


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