The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Much of the world still thinks of Amazon.com Inc. as Jeff Bezos’ company. But Bezos, the fourth-wealthiest person on the planet, hasn’t led Amazon for five years. Under his handpicked successor, Andy Jassy, Amazon’s market value has increased by 45% as it’s pushed further into retail, advertising, sports broadcasting, filmmaking and now the AI wave that’s coming for us all, whether we like it or not.

Jassy, and the way he’s pulled Amazon into the artificial intelligence age, is the subject of our June cover story. But if Bezos and his politics still color your feelings about the company — and your Prime membership status — you might want to reconsider. He remains Amazon’s executive chairman, speaks last at board meetings and shares his enthusiasm for new technologies like robotics. But he stays out of operational decisions, other board members tell us. “No one is confused that Andy’s the CEO and Jeff is in there as an incredible asset,” said Brad Smith, the former CEO of Intuit and an Amazon board member since 2023.

Bezos deserves credit for what was by all accounts a model CEO transition. The world today is full of companies (and political movements) inextricably linked to a single person. Tesla Inc. would have a fraction of its market value without Elon Musk at its helm and the army of credulous investors who hang on his sci-fi prognostications. Other companies — Airbnb, Meta Platforms, Nvidia, Palantir, to name a few — remain linked to their founders, who seem to like it that way. Bezos selected his successor and stepped out of the way.

On today's episode, hosts Carol Massar and Tim Stenovec speak with:
Brad Stone, Bloomberg Businessweek Editor
Blake Leonard, Stew Leonard’s Wines & Spirits President
Kai Boysan, Flix North America CEO

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Much of the world still thinks of Amazon.com Inc. as Jeff Bezos&rsquo; company. But Bezos, the fourth-wealthiest person on the planet, hasn&rsquo;t led Amazon for five years. Under his handpicked successor, Andy Jassy, Amazon&rsquo;s market value has increased by 45% as it&rsquo;s pushed further into retail, advertising, sports broadcasting, filmmaking and now the AI wave that&rsquo;s coming for us all, whether we like it or not. Jassy, and the way he&rsquo;s pulled Amazon into the artificial intelligence age, is the subject of our June cover story. But if Bezos and his politics still color your feelings about the company &mdash; and your Prime membership status &mdash; you might want to reconsider. He remains Amazon&rsquo;s executive chairman, speaks last at board meetings and shares his enthusiasm for new technologies like robotics. But he stays out of operational decisions, other board members tell us. &ldquo;No one is confused that Andy&rsquo;s the CEO and Jeff is in there as an incredible asset,&rdquo; said Brad Smith, the former CEO of Intuit and an Amazon board member since 2023. Bezos deserves credit for what was by all accounts a model CEO transition. The world today is full of companies (and political movements) inextricably linked to a single person. Tesla Inc. would have a fraction of its market value without Elon Musk at its helm and the army of credulous investors who hang on his sci-fi prognostications. Other companies &mdash; Airbnb, Meta Platforms, Nvidia, Palantir, to name a few &mdash; remain linked to their founders, who seem to like it that way. Bezos selected his successor and stepped out of the way. On today's episode, hosts Carol Massar and Tim Stenovec speak with:
<ul>
<li>Brad Stone, Bloomberg Businessweek Editor</li>
<li>Blake Leonard, Stew Leonard&rsquo;s Wines &amp; Spirits President</li>
<li>Kai Boysan, Flix North America CEO</li>
</ul>

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

What Jeff Bezos Told Us About Leaving Amazon

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