Jeff Bezos surpasses Bill Gates' net worth, becomes richest person ever

Rosalie Gross
January 10, 2018

Bezos' net worth is at $105.1 billion on Monday, according to Bloomberg's billionaire tracker.

The majority of that net worth comes from the 78.9 million shares of Amazon stock Bezos owns, CNN reported.

Jeff Bezos, the newly minted richest man in the world, is now the wealthiest person of all-time after his fortune soared to new heights, APA reports quoting.Daily Mail. Shares of Amazon climbed 1.4% Monday, adding about $1.4 billion to his net worth.

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Bezos was awarded the title of world's richest individual back in July, narrowly edging out Bill Gates for the honour. As of Tuesday morning, Gates' net worth, according to Bloomberg, is around $93.3 billion, with Warren Buffett coming in third at $87.2 billion.

Bezos also controls closely held space exploration business Blue Origin and The Washington Post. Forbes also put Bezos at the head of the uber-rich class, but cited his net worth at $104.4 billion. He passed the $100-billion mark in November, and continued to rise after a record-setting holiday season. Adjusted for inflation, that would be $148 billion today.

Gates net worth would have been far more if he had not given out nearly 700 million shares of Microsoft, worth $61.8 billion at today's value, as well as $2.9 billion in cash to charity since 1996.

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