Jeff Bezos becomes the richest man in history with $105 billion

Date:

New Delhi: Founder and CEO of Amazon have become the richest man in history as Jeff Bezos’ net worth reached $105.1 billion on Monday as per the Bloomberg Billionaires Index as Amazon.com shares added to a 12-month surge that’s lifted the online shopping giant’s market value by almost 57%.

Reportedly, Amazon shares have risen 6.6% this year, with a report showing the Seattle-based company captured 89% of online spending among dominant holiday retailers in the five-week period beginning the day after Thanksgiving in the US.

The latest jump has pushed Bezos’ fortune definitively above the high reached by Microsoft’s Bill Gates in 1999. The Amazon founder passed Gates in October with a net worth of $93.8 billion and his fortune crossed $100 billion for the first time a month later when the holiday shopping season kicked off on Black Friday.

ALSO READ: Narayana Murthy’s son-in-law Rishi Sunak inducted in Theresa May’s cabinet

Gates, 62, would have a net worth of more than $150 billion if he’d held onto assets that he’s given away, largely to the Bill & Melinda Gates Foundation. He has given away almost 700 million Microsoft shares and $2.9 billion of cash and other assets since 1996, according to an analysis of his publicly disclosed giving.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Fact Check: Video With Altered Audio Shared As Antony Blinken Praising China’s Development

Days after US Secretary of State Antony Blinken's visit...

ICG Sea Operation: Drugs Worth 600 Crore, 14 Pakistanis Caught

After receiving intelligence, the Coast Guard along with the Anti-terrorism Squad (ATS) and the Narcotics Control Bureau (NCB), launched a crackdown on the drug trafficking syndicate operating in the region

IPL 2024: Sunrisers Hyderabad Win Toss, Opt To Field Against Chennai Super Kings

In front of a sellout crowd, CSK will be eagerly hunting for a win and improve their position in the points table after suffering two consecutive defeats

IPL 2024: Sudharsan, Shahrukh’s Half-Centuries Guide GT To 200/3 Against RCB

Ahmedabad: Sai Sudharsan and Shahrukh Khan's impressive half-centuries propelled...