Amazon's Jeff Bezos surpasses Bill Gates as world's wealthiest

Amazon founder Jeff Bezos is in Prime position atop the list of world’s wealthiest people.

The 53-year-old magnate briefly surpassed Microsoft’s Bill Gates, often a fixture as the richest man, when his company’s stock surged Thursday morning.

Bezos had reached a lofty $ 90.3 billion as of 10:30 a.m., Forbes reported, though market fluctuation could seem him slip behind Gates’s $ 90 billion.

The tech entrepreneur’s mass of Monopoly money, based on his nearly 17% ownership of Amazon and other companies such as the Washington Post, has reportedly grown more than $ 24 billion this year, according to Bloomberg.

President Trump: Amazon should pay non-existent ‘internet taxes’

Not Released (NR)

Jeff Bezos became the world’s wealthiest person on Thursday.

(Drew Angerer/Getty Images)

Others in the top five include Spaniard Zara founder Amancio Ortega, investor Warren Buffett and Facebook founder Mark Zuckerberg.

Investors’ faith in Bezos’s company comes after it came under fire from the president Wednesday.

“The #AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying internet taxes (which they should) is FAKE NEWS!” Trump tweeted.

Bill Gates has long been at or near the top of the Forbes wealthiest people list.

Bill Gates has long been at or near the top of the Forbes wealthiest people list.

(Ted S. Warren/AP)

It was not immediately clear what Trump meant by “internet taxes,” and Amazon pays state sales taxes where they exist.

Amazon CEO Jeff Bezos is now the world’s second richest person

This is a developing story and will be updated

Tags:
jeff bezos
bill gates
mark zukerberg
warren buffett
amazon
facebook

Send a Letter to the Editor

Join the Conversation:
facebook
Tweet

Top News

Show Buttons
Hide Buttons
error: Content is protected !!