Jeff Bezos is now richest man in modern history
Amazon.com founder's net worth now surpasses that of Microsoft founder Bill gates by $55 billion
Published - Jul 17, 2018 12:47 PM Updated: Jul 17, 2018 12:47 PM
CEO and Founder of Amazon.com Inc, Jeff Bezos is now the richest man in modern history according to reports.
Bezos, 54, whose net worth is believed to have touched $150 billion according to Bloomberg Billionaires Index, exceeds that of Microsoft Corporation founder, Bill Gates (the second richest) by about $55 billion (in inflation adjusted terms). Gates had touched the $100 billion mark in 1999 during the peak of the flourishing dot com age, worth around $149 billion today.
At 11:10 am in New York, Amazon shares were priced at $1,825 .73, extending its 2018 growth to 56 percent and giving Bezos a $150.8 billion fortune.
Bezos’ net worth also rises above that of Asia’s richest man, Mukesh Ambani, while his personal fortune was just short of the Walton family’s, the world’s richest dynasty, whose fortune is believed to be around $151.5 billion.
Following Bezos on the Bloomberg Index is Microsoft founder Bill Gates at $95 billion and Warren Buffett with $83 billion.
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