Andy Jassy Net Worth – Amazon CEO Income, Salary, Age, Bio
Andy Jassy net worth is $484 million. He is the CEO of Amazon and a key figure in the tech world. Jassy is famous for leading Amazon Web Services (AWS). His annual salary includes a base pay of $175,000 and significant stock awards.
Born on January 13, 1968, he is 56 years old. His income comes from salary, stock options, and investments. Jassy is married to Elana Rochelle Caplan, and they have two children.
Andy Jassy Biography
Full Name | Andrew R. Jassy |
Profession | Business Executive, CEO of Amazon, Entrepreneur |
Place of Birth | Scarsdale, New York, USA |
Date of Birth | January 13, 1968 |
Age | 56 years |
Nationality | American |
Ethnicity | Jewish Hungarian ancestry |
School/College/University | Harvard College (BA in Government), Harvard Business School (MBA), Harvard University, Scarsdale HIgh School |
Net Worth | $484 million |
Father | Everett L. Jassy |
Mother | Margery Jassy |
Wife | Elana Rochelle Caplan |
Kids | Two children |
Andy Jassy Education
Andy Jassy was born to Margery and Everett L. Jassy in Scarsdale, New York. He is of Jewish Hungarian ancestry. His father, Everett L. Jassy, was a senior partner at Dewey Ballantine law firm. Jassy grew up in Scarsdale and attended Scarsdale High School.
He played varsity soccer and tennis. He graduated cum laude from Harvard College in government. At Harvard, he was the advertising manager for The Harvard Crimson. Jassy earned an MBA from Harvard Business School. In 1989, he supported publishing ads from Eastern Air Lines during a labor dispute.
Andy Jassy Career
Andy Jassy began his career journey with determination and ambition, setting the stage for an impressive legacy.
- Post-graduation: Worked as a project manager at MBI for five years and co-founded a company that was later closed.
- 1997: Andy Jassy joined Amazon as a marketing manager after completing his MBA.
- 2003: He worked with Jeff Bezos to conceptualize Amazon Web Services (AWS), which launched in 2006. Jassy led the AWS team, starting with 57 people.
- 2016: Jassy was named Person of the Year by the Financial Times. In the same year, he was promoted to CEO of AWS, earning $36.6 million.
- 2018: He received a restricted stock unit award of 10,000 shares, valued at over $30 million as of 2020.
- 2020: Jassy earned a base salary of $175,000, with stock awards valued at over $12 million.
- 2021: In January, Jeff Bezos announced Jassy as his successor as CEO of Amazon. The transition occurred on July 5, 2021. Jassy’s 10-year compensation package was valued at $212.7 million.
- 2024: Focused on AI and cloud computing as CEO. Announced plans to invest over $75 billion in AWS and generative AI in 2025.
- Q3 2024: Led Amazon to a revenue of $158.9 billion (11% year-over-year increase) and an operating income surge of 56% to $17.4 billion.
- Customer Satisfaction (2024): Amazon scored 83/100 on the American Customer Satisfaction Index, maintaining a top position.
Andy Jassy Wife
Andy Jassy married Elana Rochelle Caplan in 1997. She is a fashion designer for Eddie Bauer and graduated from the Philadelphia College of Textiles and Science. Their wedding was officiated by her cousin, Rabbi James Brandt.
Both Andy and Elana’s fathers were senior partners at the law firm Dewey Ballantine. The couple has two children and maintains a relatively private family life.
Andy Jassy Kids
Andy Jassy and his wife, Elana Rochelle Caplan, have two children. However, the family maintains a private life, and details about their children, including their names and ages, are not publicly disclosed.
Andy Jassy Age
Andy Jassy, born on January 13, 1968, is 56 years old. As the CEO of Amazon since 2021, he has significantly influenced the company’s growth, particularly through his earlier leadership of Amazon Web Services (AWS), a game-changing cloud platform.
Andy Jassy Net Worth
Andy Jassy has an impressive net worth $484 million. Most of his wealth comes from Amazon stock. He owns near 2,163,110 shares of Amazon.com Inc. (AMZN), valued at over $484 million.
His wealth is tied primarily to his Amazon stock holdings and reflects his long-term leadership in the company.
What are Andy Jassy’s income Streams?
Andy Jassy, the CEO of Amazon, has diverse income sources primarily tied to his leadership roles.
Andy Jassy Salary
Jassy earns a base salary of $175,000 annually as CEO of Amazon, providing a steady and guaranteed source of income separate from stock performance or company growth.
Stock Awards
Jassy receives restricted stock units (RSUs) as part of his compensation. Major awards include a 10,000 RSU package in 2018 valued at $30.1M and a 10-year RSU plan worth $212.7M in 2021, promoting long-term retention.
AWS Compensation
As CEO of AWS, Jassy earned $36.6 million in 2016, which combined a base salary and additional stock awards, reflecting the high value Amazon placed on his leadership of its cloud computing division.
Investments
Jassy likely has personal investments, particularly in sectors like AI and cloud computing, given his professional focus, potentially adding significant income streams to his portfolio beyond Amazon.
Net Worth Growth
Jassy’s net worth depends on Amazon stock performance, as most of his compensation comes from stock awards. As Amazon grows, his wealth increases substantially, offering a lucrative connectin to the company’s success.
Andy Jassy House
Seattle Home (2009)
In 2009, Andy and his wife, Elana, purchased a 10,000-square-foot home in Seattle’s Capitol Hill neighborhood for $3.1 million. This property is located near Amazon’s headquarters, reflecting Jassy’s professional ties to the city.
Santa Monica Home (2020)
In October 2020, the couple acquired a home in Santa Monica, California, for $6.7 million. This residence offers proximity to Southern California’s vibrant lifestyle and complements their property portfolio.
Andy Jassy Political Party
Andy Jassy has not publicly disclosed his political party affiliation. Howevre, he shares his political opinions openly on Twitter and in public statements, though he avoids bringing politics directly into business.
His views are generally left-leaning, supporting causes like LGBTQ rights, immigration reform, and ending racial bias in incarceration.
Actions:
- After the January 6 Capitol events, Jassy’s team at Amazon Web Services (AWS) stopped hosting Parler, a social media platform, due to violent content.
- He supported accountability in Breonna Taylor’s case and praised the Supreme Court decision protecting LGBTQ workplace rights.
- Jassy has also spoken against private prisons and detention centers.
Andy Jassy Social Media Accounts
Accounts | Followers | Links |
0 | Click Here | |
180.9K | Click Here | |
Linkedln | 898K | Click Here |
Andy Jassy Email
To reach Andy Jassy, Amazon’s CEO, you can try the following email addresses:
- andy@amazon.com
- ajassy@amazon.com
- amazon-pr@amazon.com (for press inquiries)
FAQs
Where did Andy Jassy become CEO of Amazon?
Andy Jassy became the CEO of Amazon on July 5, 2021, succeeding Jeff Bezos.
How much does Jassy make?
Jassy’s 10-year compensation package is valued at $212.7 million, primarily in stock options.
Who is CEO of Amazon now?
The CEO of Amazon is Andy Jassy.