Jeff Bezos Is The Richest Man On The Planet

It is official, Bill Gates is no longer the richest person in the world. He was dethroned last night by Jeff Bezos, the founder of Amazon . Bloomberg Billionaires Index reports his estimated wealth to be $90.9 billion while the Microsoft founder’s is $90.7 billion.

As of Thursday morning, Jeff Bezos’ net worth was $90.4 billion. But when the bell rang at the end of the trading day in New York on Wednesday, he had surpassed Bill Gates – who has held the title of richest person since May 2013 – after a growth in Amazon’s shares.

At the beginning of this year, Jeff Bezos was ranked as the fourth richest person in the world. He has not just surpassed Bill Gates, but Inditex SA founder Amancio Ortega and Berkshire Hathaway’s Warren Buffett, who are now the third and fourth richest men in the world with fortunes of $82.7 and $74.5 billion, respectively.

Jeff Bezos was raised by his mother and his step-father, who adopted him. In 1994, he quit his job in New York to found Amazon.com and sell books online. According to Forbes, he owns nearly 17% of Amazon.com, which is now the largest online shopping retailer of the world. Everything you are looking for is available on his website.

Jeff Bezos with Greg Wyler, the founder of OneWeb. – Photo credit: Jeff Bezos Twitter

The 53 year-old CEO is also famous for launching Blue Origin in 2000, an aerospace company developing reusable rockets, and for purchasing The Washington Post newspaper in 2013.

Sources: Bloomberg and Forbes

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