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Jeff Bezos to step down as Amazon chief executive

The Amazon founder becomes executive chairman, a move he says will allow him to focus on other ventures.

His wealth is now estimated to be $171bn (137bn), having made billions during the pandemic.

The online retail giant has benefited from surging internet shopping during the coronavirus lockdown.

The Amazon boss and world's richest man gives 8% of his fortune to fight the planet's "biggest threat".

Bezos reportedly modeled the HQ2 search for incentives on Masks previous bidding war for thousands of manufacturing jobs.

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