Discover the latest updates on Andy Jassy’s salary, net worth, and Amazon shares. Find out how the recent AWS outage affected major platforms like Snapchat, Reddit, and banking services across the UK.
AWS Outage Hits Major Global Platforms
A major issue at Amazon Web Services (AWS) has disrupted several leading platforms worldwide, including Snapchat, Zoom, Reddit, Ring, and even UK banking services. The outage, which began early in the morning, has caused temporary downtime and slow performance across multiple apps and websites.
At 10:19 AM (UK time), Lloyds Bank posted an update on X (formerly Twitter) stating:
“You may have seen reports of issues with Amazon Web Services affecting a number of websites and apps across the UK today. We know this is impacting some of our services right now. We’re sorry about this. Please bear with us as we investigate this.”
Tech Leaders Respond to AWS Issue
Among those affected, Aravind Srinivas, CEO of AI startup Perplexity, also confirmed the problem on X, writing:
“Perplexity is down right now. The root cause is an AWS issue. We’re working on resolving it.”
This widespread outage highlights AWS’s critical role in powering much of the global digital infrastructure — from financial systems to entertainment and communication platforms.
Who is Andy Jassy? The Man Behind AWS and Amazon’s Success
Andy Jassy is not only the CEO of Amazon but also the founder of Amazon Web Services (AWS) — the company’s cloud computing arm that revolutionized the tech industry.
According to Amazon’s official biography, Jassy joined Amazon in 1997 and went on to launch and lead AWS from its inception. He served as CEO of AWS from April 2016 to July 2021, before succeeding Jeff Bezos as the President and CEO of Amazon.com.
He is a Harvard graduate, holding both an AB and an MBA from Harvard Business School. Jassy also serves on multiple prestigious boards, including the National Academy of Engineering and the American Academy of Arts and Sciences.
Salary and Net Worth of Andy Jassy in 2025
According to CEO Today, Andy Jassy’s net worth in 2025 is estimated to be between $490 million and $540 million.
A major portion of his wealth comes from his Amazon stock holdings, totaling around 2.2 million shares. In addition to this, he holds restricted stock units (RSUs) that significantly boost his overall earnings.
While Jassy’s annual salary is reported to be modest compared to his stock-based compensation, his total compensation package often reaches tens of millions of dollars, depending on Amazon’s stock performance.
Are Amazon Shares Down After the AWS Outage?
Following reports of the AWS outage, Amazon shares saw a slight dip in early market trading. Although the decline was not drastic, investors showed short-term caution due to AWS’s pivotal role in Amazon’s overall revenue.
However, analysts expect the stock to stabilize quickly, citing AWS’s strong market dominance and Amazon’s diversified business model.
Jeff Bezos’ Current Net Worth
Meanwhile, Amazon founder Jeff Bezos continues to remain one of the world’s richest individuals. As of October 2025, his net worth is estimated at around $192 billion, largely driven by his Amazon shares and aerospace company Blue Origin.
Bezos, who stepped down as Amazon CEO in 2021, still holds a significant stake in the company and continues to shape its strategic direction from the board level.
