Step Aside Bill Gates, Seattle Businessman Is New “World’s Richest Man”

Jeff Bezos World Richest man

By Lawrence Richard
The name “Bill Gates” is almost universally understood to mean the richest man on the planet, and for good reason: he has held the spot since 2013.

The name “Bill Gates” is almost universally understood to mean the richest man on the planet, and for good reason: he has held the spot since 2013.
Per Bloomberg

A surge in Amazon.com Inc. shares Thursday morning in advance of the online retailer’s earnings report briefly propelled founder Jeff Bezos past Bill Gates as the world’s richest person.

Shares of the online retailer fell 0.7 percent to $1,046 at 4 p.m. in New York, after climbing as high as $1,083.31 four hours earlier, which gave Bezos a net worth of $92.3 billion. Gates had a net worth of $90.8 billion as of the Wednesday close.

Bezos remains ranked second on the Bloomberg Billionaires Index, behind the Microsoft Corp. co-founder. Gates, 61, has held the top spot since May 2013.

In the past 6 months, the Amazon founder launched from the fourth richest man to the top spot:

Bezos, 53, owns about 17 percent of Seattle-based Amazon, which had surged 40 percent this year through Wednesday, helping to add $24.5 billion to his net worth. He started 2017 as the world’s fourth-wealthiest person and has since surpassed Warren Buffett and Inditex SA founder Amancio Ortega, 81, who ranks third with $82.7 billion.
via :Sarah Palin

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