{"id":17600,"date":"2021-02-03T01:58:58","date_gmt":"2021-02-02T17:58:58","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/jeff-bezos-role-at-blue-origin-hints-at-how-his-profile-at-amazon-is-likely-to-change\/"},"modified":"2021-02-03T01:58:58","modified_gmt":"2021-02-02T17:58:58","slug":"jeff-bezos-role-at-blue-origin-hints-at-how-his-profile-at-amazon-is-likely-to-change","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/jeff-bezos-role-at-blue-origin-hints-at-how-his-profile-at-amazon-is-likely-to-change\/","title":{"rendered":"Jeff Bezos\u2019 role at Blue Origin hints at how his profile at Amazon is likely to change"},"content":{"rendered":"<figure id=\"attachment_195493\" aria-describedby=\"caption-attachment-195493\" style=\"width: 620px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full-width wp-image-195493\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2015\/08\/150825-bezosblue-620x349.jpg\" alt=\"Jeff Bezos\" width=\"620\" height=\"349\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2015\/08\/150825-bezosblue-620x349.jpg 620w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2015\/08\/150825-bezosblue-1240x698.jpg 1240w\" sizes=\"(max-width: 620px) 100vw, 620px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-195493\" class=\"wp-caption-text\">Amazon\u2019s billionaire founder, Jeff Bezos, inspects Blue Origin\u2019s launch facility in West Texas before the first test flight of the New Shepard suborbital spacecraft in April 2015. (Blue Origin Photo)<\/figcaption><\/figure>\n<p>What will Amazon without Jeff Bezos as CEO look like? It could look a lot like Bezos\u2019 biggest personal passion project \u2014 Blue Origin, which is working to send people and payloads on space trips ranging from suborbital hops to the moon and beyond.<\/p>\n<p>There\u2019s already speculation that Bezos\u2019 decision to step back from the CEO role and serve as Amazon\u2019s executive chairman will free him up to devote more time to Blue Origin. After all, he\u2019s basically come around to admitting that he founded Amazon in part to earn the billions he\u2019d need for his own space effort.<\/p>\n<p>But Bezos has picked up a lot of other passions since his days in Princeton, when he headed the local chapter of Students for the Exploration and Development of Space.<\/p>\n<p>That\u2019s reflected in the email he sent to Amazon employees, announcing a tectonic shift for the world\u2019s richest individual (at least as of today \u2026 sorry, Elon Musk).<\/p>\n<p>\u201cAs Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions,\u201d Bezos wrote. \u201cI\u2019ve never had more energy, and this isn\u2019t about retiring. I\u2019m super passionate about the impact I think these organizations can have.\u201d<\/p>\n<p>The order in which Bezos lays out his list may well reflect the priority of his passions, especially considering that he\u2019s a seasoned list-maker.<\/p>\n<p><iframe title=\"Jeff Bezos shares his management style and philosophy\" src=\"https:\/\/www.youtube.com\/embed\/F7JMMy-yHSU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen=\"\" data-ratio=\"0.5625\" data-width=\"800\" data-height=\"450\" style=\"display: block; margin: 0px; width: 800px; height: 450px;\"><\/iframe><\/p>\n<p>Bezos is said to devote one day a week to Blue Origin (reportedly, Wednesdays), plus at least $1 billion worth of the annual proceeds from his sales of Amazon shares. He\u2019s presided over high-profile publicity events including the unveiling of the Blue Moon lunar lander. But when it comes to the day-to-day business, he handed that responsibility over to veteran aerospace executive Bob Smith, who became Blue Origin\u2019s CEO in 2017.<\/p>\n<p>Sound familiar?<\/p>\n<p>More recently, Bezos\u2019 passions seem to be trending more toward addressing the global climate challenge, as evidenced by the establishment of the $10 billion Bezos Earth Fund and Amazon\u2019s $2 billion Climate Pledge Fund.<\/p>\n<p>Will Blue Origin continue to get Bezos\u2019 attention? Absolutely. It\u2019s unlikely that he\u2019ll ever abandon his vision of having millions of people living and working and space. Back in 2018, he said Blue Origin was \u201cthe most important work that I\u2019m doing.\u201d (And in some circles, he was pilloried for saying it).<\/p>\n<p>But Bezos has also insisted that long-term space development efforts should be aimed at moving heavy industry and power generation off Earth, preserving our planet for \u201cresidential zoning.\u201d<\/p>\n<p>\u201cThere are a lot of important objectives here on Earth we need to do here and now,\u201d Bezos said in 2019. \u201cThe real question is, it shouldn\u2019t be framed as an either-or choice. You also have to spend some money on things that are 10 years out, 20 years out, 50 years out, 100 years out.\u201d<\/p>\n<p>He said his objective was to have \u201ca whole diversified portfolio of trying to do the right thing.\u201d<\/p>\n<p>If Bezos is true to his word, stepping back from Amazon\u2019s CEO role doesn\u2019t mean he\u2019ll turn into a full-time space geek. He\u2019s more likely to take advantage of the opportunity to diversify his portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon\u2019s billionaire founder, Jeff Bezos, inspects Blue Origin\u2019s launch facility in West Texas before the first test flight of the New Shepard suborbital spacecraft in April 2015. (Blue Origin Photo) What will Amazon without Jeff Bezos as CEO look like? It could look a lot like Bezos\u2019 biggest personal passion project \u2014 Blue Origin, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[275,509,1046,4756,21],"class_list":["post-17600","post","type-post","status-publish","format-standard","hentry","category-news","tag-amazon","tag-blue-origin","tag-jeff-bezos","tag-philanthropy","tag-space"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17600"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=17600"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/17600\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=17600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=17600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=17600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}