Thursday, July 27, 2017

Amazon’s Jeff Bezos is now richer than everyone, including Bill Gates

Bill Gates is no longer the richest man in the world. That title now goes to Amazon’s Jeff Bezos. Jeff Bezos has long been a billionaire, but recent surges in Amazon stock have surged him to a net worth of over $90 billion, allowing him to the number one title. How long that will last is not clear. According to CNBC: If the stocks hold up today, Bezos — who around 80 million shares of Amazon — will add more than $800 million to his fortune. That would put him past Gates, assuming the valuations of their non-stock holdings haven’t…

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