Amazon chief executive Jeff Bezos won the Fortune’s Businessperson of the Year Award today for his part in changing both the bookstore and the book itself.
Bezos founded Amazon in 1994 and has since redefined what a bookstore should be. He has always prioritized long-term gains over short-term profitability, a philosophy that’s yielding palpable results. It is estimated that Amazon Web Services, a cloud-based computing platform used by hundreds of thousands of businesses around the world, could generate over $1.5 billion.
Most recently Bezos introduced a 7-inch Kindle Fire HD tablet that competes directly with Apple’s iPad Mini. As opposed to his competitors, Bezos often pushes the idea that Amazon won’t make money off of its hardware, but will make money off of the content that brings those tablets alive.
At the Fortune event runners-up include Apple CEO Tim Cook, eBay CEO John Donahoe, and Samsung CEO Oh-Hyun Kwon.
Other tech favorites on the broader list of 50 best businesspeople of this year include Google’s Larry Page, Oracle’s Larry Ellison, IBM’s Ginni Rometty, and Square’s Jack Dorsey. Fortune said Dorsey made it to the list because of metrics looking at leadership and cultural disruption.