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  4. Jeff Bezos is stepping down as Amazon's CEO. These 6 charts show the tech giant's dominance over the years.

Jeff Bezos is stepping down as Amazon's CEO. These 6 charts show the tech giant's dominance over the years.

Jeff Bezos is stepping down as Amazon's CEO. These 6 charts show the tech giant's dominance over the years.
Amazon CEO Jeff Bezos unveils new Kindle reading devices at a press conference on September 6, 2012 in Santa Monica, California.David McNew/Getty Images
  • Jeff Bezos is stepping down as Amazon CEO on July 5; Andy Jassy will be the next CEO.
  • The tech giant Amazon has come a long way since it was founded on July 5, 1994.
  • Here are six charts that show how Amazon has grown under Bezos.

After Bezos steps down as CEO on July 5, he will become executive chair of Amazon's board and Andy Jassy will take over the top role.

After Bezos steps down as CEO on July 5, he will become executive chair of Amazon
Under Amazon CEO Jeff Bezos, who is soon handing over the reins to AWS CEO Andy Jassy, AWS became a leading provider of the government's cloud infrastructure.      Jason Redmond/Reuters

Source: Insider

The company has grown dramatically since it was first founded in 1994. Amazon started selling books online on July 16, 1995 and now has a massive online presence selling all different kinds of items.

The company has grown dramatically since it was first founded in 1994. Amazon started selling books online on July 16, 1995 and now has a massive online presence selling all different kinds of items.
Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images

Source: Insider

Amazon has made up much of the US economy's growth in online sales.

Amazon has made up much of the US economy
(Ayman Nobani/Xinhua via Getty) (Xinhua/Xiong Sihao via Getty Images)

According to Digital Commerce 360, Amazon made up 31.4% of US ecommerce sales growth in 2020.

Amazon's dominance continues to grow. According to one study by Edge by Ascential, a company focused on ecommerce data and analysis, using gross merchandise values, Amazon could also soon surpass Walmart as the largest retailer overall in the US.

Amazon has also expanded its presence by acquiring different businesses. The company bought supermarket Whole Foods for over $13 billion in 2017. GoodReads, which the company acquired in 2013, and Audible are two subsidiaries of Amazon per a list compiled by Buzzfeed News.

Amazon's net sales have increased exponentially over the years and reached over $108 billion in the first quarter of 2021.

Amazon had its initial public offering on May 15, 1997. The company's shares closed at $3,448.14 on June 29, 2021.

As the company has grown, it has added hundreds of thousands of employees over the years.

Amazon's physical presence in offices, stores, and warehouses grew 42% between 2019 and 2020.

Bezos is also the richest man in the world with a net worth of over $198 billion as of July 2.

Amazon's ceo-to-employee ratio may be lower than the ratios for companies like Walmart and Ebay, but it's important to take a closer look at why this is the case.

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