Amazon’s Jeff Bezos briefly tops Bill Gates as World’s Richest

Jeff Bezos

Winner of the day!

A 2.4% rise in Amazon shares on Thursday resulted in the company’s founder Jeff Bezos ​momentarily outshining Microsoft’s Bill Gates as the world’s richest person.

A tough competition

Bezos net worth was $90.5 billion, ahead of the $90 billion for Gates early Thursday, which within a few hours, though, slipped back to second place as Amazon shares pared their gains.


Tech business a favourite!

Bezos owns around 17 percent of the equity of Amazon, which has been expanding from its original mission as an online retailer to a diversified tech firm in cloud computing, online video, computer hardware and artificial intelligence.

A hobby of buying old musuems!

Earlier this year, Bezos paid $23m for an old textile museum in Washington DC. Once it’s converted to a family home, the Bezos family will be near neighbours in the exclusive neighbourhood with the Obamas, as well as Ivanka Trump and her husband Jared Kushner.

A Star-Trek fan

One advantage of being super-rich is that people indulge your fantasies. As a life-long Star Trek fan, Jeff Bezos was able to secure a minor role in the latest movie.

Wild imaginations!

Alongside museums and rocket businesses, Bezos was already imagining space hotels, amusement parks, and cities orbiting the Earth. His dreams keep getting bigger with time. Bezos is planning to go into space himself too, of course – once Blue Origin is ready to take him.

Not the richest of hearts?

It was Bezos’s idea to start giving away bananas to passers-by in Amazon’s home town of Seattle as a generous gesture, especially since about 4,500 people reportedly take up the offer every day.

While he and his family have given millions to good causes, Jeff Bezos, compared to his peers, has often been criticised for not doing enough for the needy. Read More..


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