Categories: Technology

Jeff Bezos Of Amazon Becomes The Richest Man In History

53 year-old founder of Amazon, Jeff Bezos is now the richest person in the world surpassing Bill Gates to become the richest man in history.

According to Bloomberg Billionaires Index, Bezos made $6.1 billion in just five trading days in 2018 and is now worth $105 billion.

His net worth reached $105.1 billion on Monday eclipsing the record previously held by Microsoft founder Bill Gates. A rise in Amazon’s share price made the New Mexico-born businessman richer by $1.4 billion on Monday, reports said. This means that in five days, he earned more than most Americans would in 5 lifetimes.

The rise in Bezos’ fortune makes him worth more than Microsoft founder Bill Gates was ever worth, Bloomberg reports. The net worth of Bezos continues to grow as shares of the online retail giant jumped 56% in 2017 and are up another 6.6% so far in 2018. Amazon continues to dominate online spending and has said that Cyber Monday 2017 was the biggest shopping day in its history.

 

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