Tony Hsieh, the previous CEO of Zappos, has handed away. Hsieh died on Friday, November 27, 2020, simply two weeks and sooner or later earlier than his 47th birthday. In accordance with a number of media sources, Hsieh died of burns and smoke inhalation in a home hearth that occurred in Connecticut on November 18 whereas visiting his household.
Earlier than his dying, Hsieh retired in August 2020 after 21 years as CEO of the net shoe and clothes firm Zappos. Previous to becoming a member of Zappos, Hsieh co-founded the Web promoting community LinkExchange, which he offered to Microsoft in 1998 for $ 265 million.
Hsieh was identified for working the net shoe and clothes retailer Zappos. He had not too long ago retired after spending 20 years with the corporate, Zedo’s CEO Kedar Deshpande wrote in an announcement Friday.
Based in 1999 by Nick Swinmurn, Zappos is a web-based retailer specializing in footwear. Along with footwear, they promote purses, garments, glasses, watches and equipment. On July 22, 2009, Amazon.com acquired Zappos.com, valued at roughly $ 1.2 billion.