Bill Gates is no longer the worlds richest person, Jeff Bezos is

Amazon logoMicrosoft co-founder and ex-CEO Bill Gates has long been considered to be the richest person in the world. Hes certainly one of the richest men alive right now but he has only held the spot formally since 2013. It appears that he now has to make way for another tech titan to claim the spot from him. Amazon founder and CEO Jeff Bezos is now the richest man on this planet.

Bill Gates had a net worth of around $90 billion at the close of markets yesterday. However, as Bloomberg reports, a surge in Amazons stock price has pushed Bezos to the top of the list. The surge in the companys stock price is due to its earnings report thats due later today.

Jeff Bezos

Bezos was close behind Gates at the close of markets yesterday with a net worth of $89 billion. Amazons stock has surged around $15 this morning while Microsofts shares have declined slightly, the surged pushed Bezos over the $90 billion mark. This has led to a shuffle at the top and if the price holds, Bezos may extend his lead further as the worlds richest man.

Bezos is now the sixth man ever to be considered the worlds richest person over the last three decades. He has finally made it to the very top of the list after almost 20 years have passed since he originally joined the Three Comma Club.

Since the net worth of these tech titans is significantly tied to their holdings in the companies that they started, any shift could bring about a change at the very top. Its not like Bill Gates and Jeff Bezos are both sitting on $90 billion in cash, each.

Source: Ubergizmo

Tags: Amazon

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party

Last news

The 41 million Galaxy S8/S8+ units that the company reported it has shipped in 2017
A new survey from Loup Ventures finds Apple iPhone users are falling into a predictable upgrade cycle
The company might do away with the Android Wear moniker in favor of Wear OS
But still no third-party Lightning to USB-C cables
Jolla confirmed Sailfish OS will now be supported by another Sony smartphone
A complete line of accessories will be available of $1,899.99
The Snapdragon 700 Series will allow you to capture content during the day and night
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /

News Archive



Do you use microSD card with your phone?
or leave your own version in comments (6)