According to local media in Las Vegas, Tony Hsieh, founder and former CEO of Zappos, an American shoe e-commerce website, died in an accident today at the age of 46 because of a fire in his home.Xie Jiahua's parents immigrated to the United States from Taiwan. He was born in Illinois. After graduating from Harvard University, he worked for Oracle for a short time, and then started his own business trip.
In 1999, Xie Jiahua and his entrepreneurial partners keenly discovered the entrepreneurial opportunity of selling shoes through the Internet, and jointly founded Zappos, a footwear e-commerce website. Zappos has become the pioneer of American e-commerce model in many aspects. Free delivery and return services were originally from Zappos. Amazon bought Zappos for $1.2 billion in 2009. At that time, Xie made a direct profit of more than $200 million from the sale, and Amazon paid for the acquisition in the form of all shares.
Thanks to Xie Jiahua's insistence, after being sold to Amazon, Zappos was able to continue to operate in Las Vegas as a subsidiary of Amazon and maintain its independent corporate culture. Xie Jiahua also continued to lead Zappos, leading Zappos successively for 21 years. In August this year, Xie Jiahua just resigned as CEO of Zappos and started his early retirement life. His current personal wealth is about $840 million.