Amazon founder Jeff Bezos is now worth $150bn (£113bn), according to the Bloomberg Billionaire Index.
Jeff Bezos’s net worth has increased by over $60bn in the last 12 months, which makes him the world’s richest man.
This places his worth higher than that of Microsoft co-founder Bill Gates, who has previously topped the rich lists – even at his peak in 1999.
Then Mr. Gates was worth $100bn – which would be around $149bn today when adjusted for inflation.
Mr. Gates is currently in second place with a worth of $95bn, having given away 700 million Microsoft shares and $2.9bn in cash since 1996.
He gave the cash and assets to the Bill and Melinda Gates Foundation, Bloomberg reports.
Mr. Bezos says he is selling about $1bn of Amazon stock every year to fund Blue Origin, the project he has founded to develop commercial space travel.
It’s not the first time Jeff Bezos has topped the world’s rich list – in July 2017, he briefly overtook Bill Gates to become the world’s richest man according to Forbes when Amazon’s shares surged – but returned to second place when their value dropped again.
The news of Mr. Bezos’s wealth came as Amazon prepared for its enormous Prime Day sale on 16 July, which was marred in Europe by worker strikes in Germany, Spain, and Poland over working conditions.
“The message is clear – while the online giant gets rich, it is saving money on the health of its workers,” said Stefanie Nutzenberger of Germany’s Verdi services union.
Amazon said its workers were paid fairly, with permanent staff earning €12.22 (£10.81) an hour or more after two years.
Meanwhile, two of Amazon’s rivals, Microsoft and Walmart, are set to announce a five-year deal which will see the retailer use the tech giant’s cloud computing technology, according to the Wall Street Journal.
A Civil/Structural Engineer & Freelance Blogger, Journalist, Social Media Mogul, Digital Marketer, Entrepreneur, and Philanthropist. CEO of Skyline Consortium & 9189 Media Consult and Co-Founder of Team Sarkodie. An alumnus of Prempeh College where he read General Science. He holds a first degree in Bachelor of Science from the Kwame Nkrumah University of Science and Technology. His mentors are Alvar Alto, Rupert Murdoch, Piers Mogan, Mensa Otabil, Bernard ElBernard Nelson-Eshun. Blogs for; http://www.233times.com | www.paemuka.com | http://www.playmusicgh.com | http://www.muzikiq.com | http://www.brandsaid.biz . Social Media Manager for Eon3 Group | BrandsAid | Kings Crown Media | Carabao Africa Ghana & Africa | Calvary Temple - ICGC | Team Sarkodie | Muzik IQ | Kwaw Kese Please inquire more via Email: [email protected] | [email protected] Instagram & Twitter: @wise_tskd Facebook: Ell Samwise LinkedIn: EllSamwise King Dogbeview all posts by: Ellsamwise King
233times.com is a Ghanaian media house which serves as a major source of exclusive interviews ,music and video downloads, news and more.
233times.com reports on major events,news covering entertainment, politics, sports, etc from within Ghana, Africa and beyond.
We have a platform for the amateur artistes to portray their staggering talents ...more...
To advertise with us or make enquiries, please visit 233times.com/advertise or call +233266121799 (Selorm), +233248185848 (Nana Kwesi)