Autoplay: ON Autoplay: OFF
CNET News Video
Jeff Bezos is the richest person on Earth... for nowAmazon stock increases finally put Bezos in the top spot, breaking Bill Gates' four-year-plus streak.
Amazon CEO Jeff Bezos finally overtook Microsoft co-founder Bill Gates as the world's richest person. According to Bloomberg, Bezos squeaked past Gates' $90.7 billion worth with $90.9 billion with inter-day trading on the stock market the morning of July 27th 2017. The swap broke Gates' four year plus streak as the world's richest, and it marks the very first time Bezos has held the top spot. Bezos gained quite a bit of ground in the first half of 2017 adding $24.5 billion to his net worth. rounding up the top five. According to current Bloomberg rankings, our clothing magnate Amancio Ortega, Berkshire Hathaway Chairman Warren Buffett, and Facebook co-founder Mark Zuckerberg. Bezos has come a long way to snag the top spot, starting Amazon out of his garage in 1994 and building it into what it is today. He's also the founder of Blue Origin, a private space flight company and the owner of The Washington Post. He should enjoy the view for as long as he can. Amazon earnings in stock prices can either keep him on top for a long time or pull him back to the number two spot behind Gates. Either way it's a big milestone for the tech titan. For more check out cnet.com