Tony Hsieh, retired CEO of Zappos and an investor in Park City, dies at the age of 46


Tony Hsieh, the retired CEO of Las Vegas-based online shoe retailer DJ, who has been working for years to transform the city center, has died. He was 46 years old.

He was with Hsieh’s family when he died Friday, according to a statement from the DTP Companies he founded. Megan Fazio, a spokeswoman for the downtown partnership, said Hsieh died in Connecticut, KLAS-TV reported.

Puoy Premsrirut, Hsieh’s lawyer, told news television that Hsieh was injured in a house fire while visiting Connecticut. Further details were not disclosed immediately. No official deaths have been reported.

“Tony’s kindness and generosity has touched everyone’s lives around him and explored the world forever,” the DTP company said in a statement. “Giving happiness has always been his mantra, so instead of mourning the transition, we ask you to join us in celebrating your life.”

Hsieh recently retired from Zappos after running the company for 20 years. The online shoe retailer shared its tribute on social media late Friday.

“The world has lost a mighty seer and an incredible man,” the statement said. “His soul will be a part of Zappos forever.”

Hsieh graduated from Harvard University and joined a company called ShoeSite.com in 1999. Zappos was sold to Amazon for $ 1.2 billion in 2009, but remained with the company until Hsieh retired.

He also worked on revitalizing downtown Las Vegas for years, committing $ 350 million in 2013 to rebuild. That same year, he relocated Zappos headquarters to the former Las Vegas City Hall building.

“Tony Hsieh has played a key role in transforming downtown Las Vegas,” said Nevada Governor Steve Sisolak. tweeted Friday night. “Kathy and I are sending our love and condolences to Tony’s family and friends during this difficult time.

A lot of respect flooded the social media.

“Tony Hsieh may be the most original thinker I’ve ever been friends with,” said Chris Sacca, a former investment investor. tweeted. “He questioned all the assumptions and shared everything he learned along the way. He was sincerely glad he made anyone and everyone happy.”

Skateboarder and entrepreneur Tony Hawk he added“Tony Hsieh was a visionary. He was generous with his time and willing to share his invaluable experience with anyone.”

“A truly original thinker, a brilliant entrepreneur, and a kind-hearted and generous friend to so many people.” tweeted entrepreneur, Max Levchin.

Ali Partovi, CEO of Neo Venture Capital Fund, was a partner in one of Hsieh’s earliest businesses, the online advertising company LinkExchange. In Saturday’s tweet, Partovi said Hsieh is one of the most creative people he has ever known.

“I will remember the unique combination of genius and misfortune and the infuriating ability to bet and win against all odds,” Partovi said.

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