What is Jeff Bezos going to do now?

Jeff Bezos has officially stepped down as the CEO of Amazon. He has now become the Chief Executive Chairman of the company. But why?

There has been a lot of speculation over this unexpected move and many people are wondering why he made such a move.

Well, he wants to pursue other things as well as Amazon. Jeff Bezos has many companies, but none of them are as successful as Amazon.

However, one of his other companies he is looking to spend more time and energy on is Blue Origin. This is a space travel company (a bit like SpaceX). Mr Bezos has aspirations to make space cargo rockets. These will carry the necessities needed to live in space. He aspires to build new space habitats where people can live. During a conference, he explained that people would want to live in these new habitats becuase they wont be far from Earth and the new places will be futuristic and enjoyable to live in.

As well as this, Jeff Bezos will also be working on his own charity, Day One Fund. This charity provides help and support to homless people and preschools from low socioeconomic communities. Although Jeff Bezos didnt sign the contract to allow half his money to go to charity, he is still an adequate philanthropist. As well as this, he is also working on other smaller jobs such as keeping up-to-date with the newspaper compnay he owns(the Washington Post) and he is paying to install a 10,000 year old clock in West Texas Mountain that is being powered by Earth's thermal cycles.