Thursday 27 July 2017

Jeff Bezos overtakes Bill Gates as world’s richest man

Bill Gates has been overthrown from the rich list by Amazon founder Jeff Bezos.

With a net worth now standing at  $91.4 billion, the Amazon founder has gone past Gates on the ultimate rich list by a $1.4 billion.
According to Forbes, 53-year-old Bezos now ranks top of the richest person in the world list after stocks of his company rose to 1.6% on Thursday.
And Bezos owns about 17% of shares in the online retail company which is now worth $500 billion.
On Wednesday night, Forbes had released a publication that Bezos was less than $1 billion away from overthrowing Gates.
Bezos first featured on the 400 richest Americans list in 1998, a year after Amazon went public, with a $1.6 billion fortune.
Meanwhile, Gates’ first inclusion in the billionaires’ list was in 1982, and has been number one for 18 of the past 23 years.

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