Amazon founder Jeff Bezos surpasses Bill Gates to become world's richest person

  • Posted 8 months Ago

According to Bloomberg, a recent surge in Amazon's stock price has just propelled the company's founder, Jeff Bezos, to the top of the rich list, surpassing Bill Gates.

Gates has managed to hold on to the number 1 position since 2013 thanks to his fortune of $90 billion while, yesterday, 53-year-old Bezos sat close behind with $89 billion. This morning, Amazon's stock increase has pushed Bezos over $90 billion.

Since founding Amazon in 1994, Bezos has continued to push the boundaries of retail, transforming the entire landscape and moving into new industries such as Amazon Web Services, which now accounts for a large portion of the company's revenue.

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