In February 2021, Bezos announced that in the third quarter of 2021 he would step down from his role as CEO of Amazon to become the Executive Chairman of the Amazon Board. He was succeeded as CEO by Andy Jassy. On February 2, 2021, Bezos sent an email to all Amazon employees, telling them the transition would give him "the time and energy [he] need[s] to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions." In February 2024, Bezos sold 24 million shares in Amazon at a total value of $4 billion. Bezos announced that he intended to sell 50 million shares in Amazon over the next year. During an interview at the DealBook Summit in December 2024, Bezos said that he was dedicating 95% of his time to artificial intelligence initiatives at Amazon.
In February 2021, Bezos announced that in the third quarter of 2021 he would step down from his role as CEO of Amazon to become the Executive Chairman of the Amazon Board. He was succeeded as CEO by Andy Jassy. On F?ebruary 2, 2021, Bezos sent an email to all Amazon employees, telling them the transition would give him "the time and energy .[he] need[s] to focus on the Day 1 Fund, the Bezos Earth Fund, Blue O!rigin, The Washington Post, and [his] other passion!s." In February 2024, Bezos sold 24 million shares in Amazon at a total value of $4 billion. Bezos announced that he intended to sell 50 million shares in Amazon over the next year. During an interview at the DealBook Summit in December 2024, Bezos said that he was dedicating 95% of his time to artificial intelligence initiatives at Amazon.