Jeff Bezos Becomes The Richest Man in the World Again

world richest man

After the surge that boosted Amazon’s market value by almost 57 percent The Amazon CEO Jeff Bezos is back to become World’s richest man. Jeff’s net worth has skyrocketed to $105.1 billion from $93.8 billion in October according to the Bloomberg Billionaire’s Index. Shares of Amazon have gone up around 7 percent so far. It rose 56 percent in 2017.

Previously In July 2017, Bezos became the world’s richest person, as a jump in the share price of the Amazon but soon Bill Gates overtook him in the matter of few days. Microsoft CEO Bill Gates has been topping the list of Richest person in the world consecutively from last four years and 18 of the past 22 years.

Bezos owns around 17 percent of the equity of Amazon, which has been expanding from its original mission as an online retailer to a diversified tech firm in cloud computing, online video, computing hardware and artificial intelligence. Technically Bill gates still have a net worth of 150 Billion Dollars but e chose to give a large share of it to the Bill & Melinda Gates Foundation.

Gates has given away almost 700 million shares in Microsoft and $2.9 billion of cash and other assets since 1996. Among the billionaires gaining ground is Facebook founder Mark Zuckerberg, who has an estimated worth of some $72.9 billion.



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