Wondering who’s the richest person on the planet? Since the end of October 2017, that is Jeff Bezos, CEO of Amazon.
Earlier this year, in July, Forbes, the publication famous for tracking billionaires and their net worth in real time, announced this:
‘Amazon CEO Jeff Bezos has overtaken Bill Gates and is now the richest person in the world, with a fortune topping $90 billion for the first time ever.
When markets opened on Thursday, Bezos had a net worth of $90.6 billion, putting him $500 million ahead of Microsoft founder Bill Gates. Amazon stock opened up 1.6% on Thursday, adding $1.4 billion to Bezos’ net worth. That was enough to put him ahead of Gates.’
And while Gates got his number 1 position back, here’s what happened in the end of October:
On that Friday morning, October 27th, there was an 8% spike in Amazon stock, adding $7 billion to the net worth of its founder.
However, Microsoft also saw a spike of 7% overnight, so it remained in the first position.
But later this morning Amazon stocks jumped again, which added $900 million to Bezos’ fortune and made him the richest person in the world.
Here’s some stats about Amazon, provided by CNBC.
Currently, his net worth is $94,6 billion.
The battle between Bezos and Gates for the first position has been there for a long time.