Tony Hsieh, the “visionary” developer of online shoe retailer Zappos, who has led the transformation of downtown Las Vegas in recent years, passed away at the age of 46.
According to Puoy Premsrirut’s attorney, Hsieh was injured in a house fire in Connecticut when he visited his relatives at Thanksgiving. He died on Friday “peacefully and surrounded by family,” according to a statement from DTP Companies, the organization he founded in 2012 as an umbrella for the revitalization program.
DTP spokesman Megan Fazio did not provide any other details about the incident, but saluted Hsieh, who withdrew from Zappos in August after taking up the post of CEO for 21 years.
“Tony’s kindness and generosity has touched everyone’s lives around him and made the world clear forever,” the statement said. “Giving happiness has always been his mantra, so instead of mourning the transition, we ask you to join us in celebrating your life.”
Hsieh, who was born in Illinois from Taiwanese parents, was an Internet pioneer, he developed a banner advertising company in 1996, shortly after graduating from Harvard University with a degree in computer science.
The sale of LinkExchange has allowed Microsoft to become a venture capitalist for technology startups, including Zappos, which he and Harvard classmate Alfred Lin have transformed from a small online shoe retailer to a $ 1.2 billion company by Amazon in 2019. bought it. .
Hsieh remained CEO for a year, but his passions grew elsewhere, especially in transforming downtown Las Vegas into a cutting-edge 21st-century city at the heart of the technological revolution.
He invested $ 350 million of his money in DTP companies, which attracted plenty of entertainment, dining and housing projects to the city’s previously devastated areas.
“Tony Hsieh, supporting his city and the people who live in it, has changed the landscape of downtown Las Vegas,” Derek Stevens said at the hotel. he said on Twitter.
“Our community will miss you very much, rest in peace. I will miss you very much.
Tony Hawk, a skateboarding star who also became an entrepreneurial investor, called Hsieh a “true pioneer”.
“[He] he was a seer. He was generous with his time and willing to share his invaluable experience with anyone. And it was very, very cool ” Hawk wrote.
Hsieh, who moved Zappos to Nevada in 2013, lived primarily in downtown Las Vegas and owned a southern-upland rural retreat in the southern part of the city, popular with celebrities and athletes.
His 2010 book, Transporting Happiness, spent more than half a year at the top of the New York Times bestseller list.