Jeff Bezos was the richest man in the world on Thursday with a fortune of $90.6 billion compared with Bill Gates $90 Billion.
The Amazon CEO Jeff Bezos had a net worth of $89 billion as of the close of markets on Wednesday.Forbes estimated the wealth of Mr. Bezos at $90.6 billion compared with $ 90 billion for Bill Gates the CEO of Microsoft.bezos lost the title later in the day when Amazon’s stock dropped returning him to second place. Bill Gates has been at the top of the Forbes List of billionaires for 18 years.Bill Gates wealth originates from Microsoft majorly with 191 Million shares of Microsoft about 2.46 percent of its stock, which is currently worth about $ 14.1 billion.
Jeffrey Preston Bezos has been a billionaire for nearly 20 years making him placed on the Forbes list in 1998 with a net worth of $1.6 billion. He is an American technology and retail entrepreneur, investor and Philanthropist.Bezos showed diversified interests including Aerospace and Newspapers. He is the founder of Blue Origin and also purchased The Washington Post Newspaper. There are a various number of business investments which are managed by Bezos Expeditions.
Jeff Bezos always avoids talking about his wealth publicly.He always said that he is trying to change the world rather than get rich.Once Bezos said that he had the idea of selling books through online when he was working at a New York hedge fund, then he chose the Start-up, the less safe path to follow his passion. Amazon was founded on July 5, 1994, based in Seattle, Washington. It was first started as an online book store and later diversified into selling all electronic and consumer items.Amazon has separate retail websites for various countries and in various languages.
To be remembered Amazon surpassed Walmart in 2015 as the most valuable retailer in united states and fourth most valuable public company in the world.Now Jeff Bezos surpassed the Leader of Billionaire Bill Gates, CEO of Microsoft and he has been the Richest person in the world for a time. So, sell on amazon with little money.
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Source: The New York Times
