mazon’s Founder, Bezos, Is Pushing His Fellow Gates To Become The Richest Man In The World

Jul

27

2017

Forbes’s list of the richest people in the world has shown that Amazon founder Jeff Bezos was able to remove his compatriot, Bill Gates, who has long retained the title of the richest man in the world.

The reason for Bezos’ success in winning the title of the richest man in the world is the rise in the value of shares of the giant e-commerce, Amazon, which he founded and constitute the vast majority of his wealth, by only 1.7%, according to Forbes, which occurs instantaneously.

Forbes is estimated to be worth $ 90.8 billion, compared to Gates’ current $ 90.1 billion.

Bezos, 53, added tens of billions of dollars to his fortune last year as Amazon shares rose more than 40 percent during that time period. Thursday’s shares are trading at $ 1,063.

According to a deposit with regulators last April, Bezos owns about 81 million shares of Amazon, or about 17 percent of the company’s total. Forbes also estimates the value of his other investments, including his ownership of The Washington Post and Blue Origin for missiles and cash from the sale of securities, as part of its wealth calculations.

According to Forbes figures, Bezos has been able to remove Bill Gates, the founder of the US software giant Microsoft and currently a philanthropist, from an 18-page list over the last 23 years.

Four of the top ten in the Forbes list were in the IT sector. Along with Bezos and Gates, the Facebook founder and CEO, Mark Zuckerberg, who was just 33, fifth, Larry Ellison, Oracle co-founder in seventh place.

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