Amazon owner Jeff Bezos is now the richest person in the world
Amazon.com CEO Jeff Bezos has become the richest peoples in the world all time, with a fortune of $ 105.1 billion, according to financial news agency Bloomberg.
With the stock market surging to its highest point in the first few days of 2018, Bezos’s wealth skyrocketed, growing by $ 6.1 billion in just five trading days.
That happened because of the wealth of Bezos in the form of shares in Amazon.com, the online retail giant. Amazon shares rose 56 percent in 2017 and more than 6 percent since the beginning of this year.
Other financial news trackers disagree about whether Bezos is the richest person in history, or if his closest rival, Microsoft founder Bill Gates, maintains that record.
Bezos’s fortune surpassed Gates’s brief fortune last year before taking the lead in October and past the $ 100 billion mark in November, thanks to a surge in online shopping ahead of Christmas.
Gates has a fortune of more than $ 90 billion, but financial experts say that his wealth will be worth far more if he doesn’t give Microsoft a lot of money and shares for charity. Bloomberg reports that if Gates does not give $ 36 billion in shares to charity, his wealth will be worth more than $ 150 billion.
Apart from Amazon, ownership of Bezos includes The Washington Post newspaper and space exploration company, Blue Origin.