Jeff Bezos, the richest man in the world

Jeff Bezos, the richest man in the world

Bezos fortune surpassed Bill Gates first in October previous year when his net worth reached United States $93.8 billion, then lifted above $100 billion a month later following the Black Friday sales kick off.

Bezos's top spot on the billionaire list makes sense, given Amazon's sales figures and growth - Amazon captured 89 percent of the online shopping spend in the U.S. over the five-week Thanksgiving holiday period, according to an analysis from Earnest Research. The Amazon founder passed Mr Gates in October with a net worth of US$93.8 billion and his fortune crossed US$100 billion for the first time a month later when the holiday shopping season kicked off on Black Friday.

He has given away nearly 700 million Microsoft shares and US$2.9 billion of cash and other assets since 1996, according to an analysis of his publicly disclosed giving. It is also important to note that Gates' estimated worth has been heavily impacted by the amount of money he has donated through the Bill and Melinda Gates Foundation; Bloomberg estimates without these donations, Gates would be worth approximately $150 billion.


Gates in now second on the Bloomberg Billionaires Index of the world's richest people as of Thursday, at $92.7 billion.

Fortunes can be measured by its share of national GDP.

Bezos's rise to the top has been a quick one: Last March, he was listed as the second richest person, at $75.6 billion. Those shares jumped 1.4 percent on Monday, making him $1.4 billion richer.

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