Amazon’s Jeff Bezos overtakes Gates to become world’s richest
July 28th, 2017
Amazon CEO Jeff Bezos briefly became the world’s richest man in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an all-time high. Mr Bezos, who is also chairman and chief executive of the Seattle-based company, was worth almost $91bn (£70bn) after Amazon’s share price rose more than 1 per cent in morning trading in New York. That put his fortune ahead of Microsoft co-founder Bill Gates’. The latter has a net worth of around $90.7bn and has been at the top of Bloomberg’s rich list since 2013. But Mr Bezos slipped back into second place later in the day.