Tony Hsieh, retired Zappos CEO, dies at age 46
LAS VEGAS (AP) — Tony Hsieh, the retired CEO of Las
Vegas-based online shoe retailer Zappos.com who spent years
working to transform the city’s downtown area, has died. He was
46 years old.
Hsieh was with family when he died on Friday, according to a
statement from DTP Companies, which he founded. Downtown
Partnership spokesperson Megan Fazio said Hsieh passed away in
Connecticut, KLAS-TV reported.
"Tony’s kindness and generosity touched the lives of everyone
around him, and forever brightened the world," the DTP Companies
statement said. "Delivering happiness was always his mantra, so
instead of mourning his transition, we ask you to join us in
celebrating his life."
No details were released on how he died.
Hsieh recently retired from Zappos after 20 years leading the
company. The online shoe retailer shared a tribute on social
media late Friday.
"The world has lost a tremendous visionary and an incredible
human being," the statement said. "His spirit will forever be a
part of Zappos."
Hsieh graduated from Harvard University and joined the
company — then called ShoeSite.com — in 1999. Zappos was sold to
Amazon for $1.2 billion in 2009, but Hsieh had remained with the
company until his retirement.
For years, he also worked to revitalize downtown Las Vegas,
pledging $350 million in 2013 for redevelopment. The same year
he moved Zappos’ headquarters into the former Las Vegas City
"Tony Hsieh played a pivotal role in helping transform
Downtown Las Vegas," Nevada governor Steve Sisolak tweeted
Friday night. "Kathy and I send our love and condolences to
Tony’s family and friends during this difficult time."
A wave of tributes poured out on social media as news of
Hsieh’s death spread.
"Tony Hsieh might be the most original thinker I’ve ever been
friends with," former venture investor Chris Sacca tweeted. "He
questioned every assumption and shared everything he learned
along the way. He genuinely delighted in making anyone and
Skateboarder and entrepreneur Tony Hawk added, "Tony Hsieh
was a visionary. He was generous with his time and willing to
share his invaluable expertise with anyone."
"A truly original thinker, a brilliant entrepreneur, and a
kind-hearted and generous friend to so many," tweeted
entrepreneur Max Levchin.