In 2009 Andy and Elana paid $3.1 million for a 10,000 square-foot home in Seattle's Capital Hill neighborhood. Both Andy and Elana's fathers were senior partners at the law firm Dewey Ballantine. They married at the Loews Santa Monica Beach Hotel. Personal LifeĪndy has been married to Elana Rochelle Caplan since 1997. Once again, his base salary was just $175 thousand but the company announced it would double his base to $350,000 going forward. Approximately 80% of the shares granted vest over 5-10 years. A large portion of that value was made up of a one-time special grant of 61,000 shares that were awarded as a bonus for ascending to CEO. 2021 SalaryĪccording to a company filing submitted in March 2022, Andy Jassy's total compensation package in 2021 was valued at $212.7 million. In 2020 Andy earned a total of $35.8 million according to a company filing. He continues to own approximately 94,000 shares that are worth around $330 million as of this writing. In total, according to the latest SEC filings, Andy has sold around $113 million worth of Amazon shares since the early 2000s. As of this writing they are worth around twice that amount. At the time of the grant, those shares were worth $14 million. In April 2018 he was given a grant of 10,000 shares which vest in chunks in 2021, 2022, 20. For example, in 2016 he earned a total of $36 million. With bonuses and option grants his annual compensation has regularly topped the tens of millions. REUTERS/Mike Blake via Alamy Compensation and Stock HoldingsĪccording to SEC filings, Andy earned a base salary of $384,000 while serving as CEO of AWS. Andy officially took over from Bezos in July 2021. On FebruAndy Jassy was revealed to be Jeff Bezos' successor. If AWS was its own standalone company, it would be worth at least $300 billion. Profits generated by AWS were 63% of Amazon's total profits.ĪWS is by far the most profitable division of Amazon. In 2020 AWS generated $45 billion in gross sales, 12% of company total. Amazon quickly learned that thousands of companies were eager to pay Amazon for web storage and hosting space.īy 2012 AWS adding more computers every day to its network than were used to run all of Amazon just a few years earlier.Īndy served as SVP of AWS until 2016 when he was promoted to CEO of AWS. In 2003, Amazon took a team of 57 people and founded Amazon Web Services (AWS). The success of what followed led to an idea – What if Amazon gave the same basic building blocks to the entire world wide web? Amazon Web Services The revelation led to the idea that Amazon engineers should all be using the same tech building blocks. One of Jassy's revelations was that the developers spent most of their time building out custom technical infrastructure than actually developing products. One of the challenges Bezos was desperate to solve was how his software teams took so long to develop new products despite the fact that they had an army of engineers. In 2002 Andy spent a year shadowing Amazon CEO Jeff Bezos. He landed the job, took his final exam in Boston on a Friday and started at Amazon in Seattle on Monday. He hadn't quite graduated from business school yet. AmazonĪccording to a recent interview, in 1997 he got a call from an Amazon recruiter. He then earned a bachelor's degree from Harvard, followed by an MBA – also at Harvard after a brief stint trying to launch a business with a friend. He grew up in Scarsdale, NY where he attended Scarsdale High School.
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