Jeff Bezos steps down as Amazon CEO 27 years after establishing the company

He founded Amazon in 1994 at his garage in Seattle

Amazon Inc started as an online bookseller to ‘The Everything Store’

In its early days, Bezos used to pack and dispatch orders

The retail-to-tech giant valued at $1.7 trillion has made Bezos the ‘world’s richest man’

Bezos had announced this decision last year

He will shift focus to his space exploration firm and philanthropic activities

AWS Chief Andy Jassy will replace him as the CEO of the e-commerce behemoth

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