Amazon's Jeff Bezos is the richest person in the world
Amazon founder Jeff Bezos is now the richest person in the world. The
53-year-old CEO has passed Bill Gates to become the richest person in
history.
Bezos made $6.1 billion in just five trading days in 2018 and is now
worth $105 billion, according to the Bloomberg Billionaires Index. His
net worth reached $105.1 billion on Monday eclipsing the record
previously held by Microsoft founder Bill Gates. A rise in Amazon’s
share price made the New Mexico-born businessman richer by $1.4 billion
on Monday, reports said. This means that in five days, he earned more
than most Americans would in 5 lifetimes.
The rise in Bezos’ fortune makes him worth more than Microsoft
founder Bill Gates was ever worth, Bloomberg reports. The net worth of
Bezos continues to grow as shares of the online retail giant jumped 56%
in 2017 and are up another 6.6% so far in 2018. Amazon continues to
dominate online spending and has said that Cyber Monday 2017 was the
biggest shopping day in its history.
Bear in mind though that Bill Gates has given away a lot of his
fortune to charity. Gates’ current net worth is $93.3 billion and over
the past 20 years he has given away stock and cash that would be worth
about $60 billion today. That would put his net worth at more than $150
billion and made him richer than Bezos if he had kept his wealth to
himself.
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