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Billionaire Jeff Bezos, who founded Amazon as an online bookseller nearly three decades ago, will step down as the CEO of the $ 1.7 trillion global retail giant in the third quarter of 2021 with Andy Jassy being named his successor. In a letter to Amazonians, Bezos said he will transition to Executive Chair of the Amazon Board, a role in which he said he intends to focus his energies and attention on new products and early initiatives. Watch to video to get glimpse of life and times of Jeff Bezos.