Zappos CEO Tony Hsieh has been admired for his commitment to “delivering happiness“ to others, but emerging reports have made it apparent that he may have had difficulty achieving it for himself.
Soon after the beloved entrepreneur’s passing on Nov. 27, business and local communities paid tribute to his legacy. But along with the celebration of his achievements, also came news of his struggles with depression and alleged substance abuse.
Editor’s Note: This article has been updated to report that Tony Hsieh’s death has been ruled an accident on Monday.
Tony Hsieh, the entrepreneur known for selling Zappos to Amazon for $1.2 billion in 2009, passed away at 46 on Friday as the result of injuries he sustained in a Connecticut house fire. Hsieh was surrounded by family when he passed peacefully on Friday, according to CNN.
Online shoe and clothing shop Zappos once again managed to let their charitable efforts shine through after offering to pay for funeral costs of the Las Vegas shooting victims.
Zappos, run by CEO Tony Hsieh, has already started a $1 million fundraiser to support the families of the 58 victims who lost their lives on October 1.
Most CEOs live lavishly with expensive sports cars, private jets, beautiful models, and million-dollar homes, but the CEO for Zappos lives in a Las Vegas trailer park and enjoys spending his time with Marley, the community pet alpaca.
Zappos CEO Tony Hsieh has a net worth of $840 million but finds expensive living quarters too private for his liking. Instead, Hsieh lives in a comfortable 240-square-foot trailer home in downtown Las Vegas where he pays a whopping $950 a month for rent.