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Introduction About Andy Jassy
We are in the age of information. Technology and information are the sources of power in today’s world, making the world a much smaller place to live in. Science has advanced to such an extent that we can experience almost anything with our fingertips, from the coziness of our home.
This has only been possible because of the great minds of the recent generations. The technological companies and businesses that rose over the world in the previous hundred years have shaped the present and future of the world.
One of the stalwarts among these tech companies is Amazon. Starting its journey as an e-commerce company, it has made its way into daily life with contributions in almost every field and Andy Jassy is one of the people who led Amazon to be a multi-billion dollar company now. He is the Chief Executive Officer of Amazon at present.
Net Worth & Salary of Andy Jassy in 2022
The Net Worth of Andy Jassy is estimated to be something around $382 million in 2022. The 2021 financial exit marks his yearly compensation of about $213 million.
Andy has been the CEO of AWS since 2016 before being appointed as the CEO of Amazon and succeeded Jeff Bezos. It is evident that he will have an ever-increasing monetary worth being at the helm of one of the biggest tech giants.
Early Life & Biography of Andy Jassy
Andy was born on 13 January 1968 in a Jewish family as Andrew R. Jassy. His parents Everett Jassy and Margery Jassy were based in Scarsdale, New York. His father was a partner and the management committee chairman in a New York-based law firm.
Andy started his education at Scarsdale High School. Alongside academics, he excelled in sports as a kid too.
After leaving his senior school, Andy joined Harvard College. He graduated from this auspicious institution with distinction. While in college he was the advertisement manager of Harvard’s official student newspaper ‘The Harvard Crimson’.
Later on, he was admitted to the Harvard Business School, from where he completed his Master’s in Business Administration.
|Andrew R. Jassy
|13 January 1968
|Scarsdale, New York
|Elana Rochelle Caplan
|Children/Kids (Son and Daughter):
|One Son, One Daughter (Name not revealed yet)
|Chief Executive Officer of Amazon
|Net Worth in 2022
|Content Last Updated:
Personal Life of Andy Jassy
Despite being the CEO of one of the biggest companies in the world, nothing much is known about Andy’s private life. He loves to keep his personal and public life aside.
Andy was married to the daughter of his father’s partner, whom he knew since childhood. He married Elana Rochelle Caplan in 1997. Elana is a successful woman herself. She is a fashion designer and an alumnus of the Philadelphia College of Textiles and Science.
The couple is parenting two kids – a son and a daughter. The parents are very secretive about the children and have not publicized their names yet.
Career of Andy Jassy
Jassy had a wonderful academic career. His grades excelled along with his fantastic mind.
He started his working career just after his graduation when he was approached by MBI. MBI was a memento and collectible producing company and Andy was made its project manager.
He worked in this company for five years before leaving it and opening his own. But his business did not run for a long time.
After shutting down his short-spanned company, Andy focused on completing his Master’s degree. On the completion of his curriculum, Andy found his placement in Amazon in 1997.
He joined the growing company as a marketing manager. Amazon had just landed on the public domain as a full-fledged e-commerce name. He was in charge of music sales in his early years.
The Incredible talent of Andy did not go unnoticed by the founder and CEO of Amazon Jeff Bezos. He became one of the chief advisors of the Amazon mastermind and was gradually appointed as his chief-of-staff.
Andy Jassy came to the forefront of the company with the idea of Amazon’s very own cloud community system named Amazon Web System or AWS. He came up with this idea in 2002 and was approved by Bezos in 2003.
When asked about the relevance of this system, Jassy remarked that this would revolutionize the management of e-commerce data and provide a suitable platform to store the data at a cheap cost.
Jassy was appointed in charge of this project for which 57 people were hired. The AWS finally launched in 2006, thanks to the sheer hard work of the team and Andy himself. He was appointed as the vice president of this sub-company in 2016.
In 2016, Andy’s position transitioned to being the CEO of Amazon Web System. He was slowly moving up the hierarchy of Amazon, with his charisma. He also owned about $16 million of Amazon’s stocks at that time.
Finally, in February 2021 it was announced that Andy Jassy would be the Chief Executive Officer of Amazon. He took up this position officially in the third quarter of the financial year of 2021.
Awards & Achievements of Andy Jassy
Andy Jassy has a fine bunch of achievements by his name. He has been an excellent manager of different affairs of Amazon and assisted Jeff Bezos to shape it.
Andy was titled ‘Person Of The Year’ by the Financial Times in 2016. This title was rightfully awarded to him as he contributed a lot to getting Amazon to its deserved position on the economic map of the world.
He has also received a series of restricted stock unit awards as compensation for his service to the company.
Major Investments and Assets of Andy Jassy
Being the present CEO of Amazon, Andy Jassy holds a great fortune. His assets represent his fame and wealth.
Andy owns his residential house in the Capitol Hill area of Seattle. This house is built on a massive plot of about 10000 square feet. The estate was valued at $3 million in 2009 when Jassy bought it.
He also owns a scenic house in California built on 6000 square feet of land. The house has all modern amenities and cost around $7 million in 2020.
Andy also has some major and minor investments in different fields. He has invested in real estate projects in Canada and US. He has also invested in stocks of many famous and growing companies.
He owns a large part of Amazon.com’s stocks too. Latest reports say that about 1250 units of the company’s stocks are owned by Andy Jassy, which is worth $257 million.
Andy is one of the owners of Seattle Kraken, a famous team from the National Hockey League.
Must Watch Latest Video and Trending Photographs of Andy Jassy
Andy Jassy talks about career options and suggestions that the future generation can use to be successful in their lives.
Instagram Handle of Andy Jassy