Tony Hsieh, shoe millionaire, dies at 46



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Shoe millionaire Tony Hsieh dies at 46 - Photo 1.

His parents asked millionaire Tony Hsieh to study medicine, but he started working in a business – Photo: DR

Just two weeks away, Tony Hsieh turns 47. The Taiwanese-American millionaire is one of the business leaders who inspire young people. However, this afternoon, November 28 (Vietnam time), Mr. Hsieh’s relatives announced that he had passed away.

According to the Las Vegas Review-Journal, Megan Fazio, a spokesperson for Hsieh’s DTP investment fund, confirmed to the media via email on the night of November 27 (US time) that he had passed away. . .

And Ms. Puoy Premsrirut, Mr. Hsieh’s attorney, confirmed that he died “from complications of injuries sustained in a house fire,” but did not provide further details about the fire.

Las Vegas Mayor Carolyn Goodman shared that Hsieh’s death “was a great loss.” “Tony himself means a lot to Las Vegas; he is always dreaming, working creatively and leading others to come together to create new visions for the future. Pray together and offer condolences with his family.”

In fact, Tony Hsieh, often referred to as the “shoe millionaire,” since 2012 has invested $ 350 million in Las Vegas real estate in what he calls Project Central to revive an area. for Las Vegas with tech startups, malls, restaurants … Even Zappos’s office, which sells shoes online, had its name moved to the area in the year. two thousand and thirteen.

Referring to Zappos (from the Spanish word shoes, which means shoes), people are referring to the miraculous success story of an online shoe company with revenue of $ 1 million to $ 1 billion in just 8 years.

The company started with the idea of ​​providing the best images of shoe products for sale online so that shoppers could easily choose them, in 1999 in San Francisco.

In 2009, Zappos’ revenue increased to $ 1 billion, they convinced Amazon and decided to buy Zappos.com with a deal worth approximately $ 1.2 billion.

Informing all employees of Amazon’s acquisition of Zappos, Tony said: “We have found a path to our profits, our passions and our goals. We have found a path to bring happiness. This is the beginning of our next journey. to change the world. “

In fact, Zappos has revolutionized footwear distribution. The name revolution Happiness distributionwhere Tony Hsieh and his associates have an idea development environment that fosters a passion for profit.

The 4 factors that make Zappos successful

1 / Focus on customer service and customer experience

2 / Focus on returning customers (up to 75% of your revenue comes from returning customers)

3 / Create word of mouth, without family advertising

4 / Always listen to customers as much as possible

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