Amazon founder Jeff Bezos overtakes Bill Gates as the world’s richest man, again
According to a report by Forbes, a 2% rise in Amazon’s stock added $900 million in Bezos’s net worth, making it whopping $90.6 billion. In comparison, Bill Gates’s net worth stands at $90.1 billion, just a little behind that of Jeff Bezos.
This isn’t the first time that Bezos has overtaken Gates as the world’s richest man. Back in July, the same thing happened when a sharp spike in Amazon’s share prices ahead of the company’s earnings report resulted in Bezos’s net worth rising to an astounding $90.9 billion. At that time, Bill Gates’s net worth was $90.7 billion.
About six months back, Bezos had become the second-richest man in the world, overtaking Amancio Ortega and Warren Buffett.
This had happened just a day after the company announced its plans to buy Souq.com, the Middle East’s largest online retailer.