Jeff Bezos, Amazon Founder, No Longer Richest Person In The World

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(Last Updated On: July 28, 2017)

On Thursday morning, Amazon’s founder Jeff Bezos briefly eclipsed Bill Gates as the world’s richest person.

This was thanks to Amazon’s soaring value, bumping Bezos’ net worth up to $90.9 billion. Per Bloomberg, Gates’ net worth sits at around $90.7 billion.

Bezos didn’t stay on top for long, however. Amazon shares closed down Thursday evening after an earnings miss, knocking Bezos back to number two.

Had Amazon’s stock closed high enough, Jeff Bezos would have officially replaced Gates atop the Bloomberg Billionaires Index, a spot Gates first seized in 1995 when the then-39-year-old’s fortune hit $12.9 billion.  

Behind Bezos and Gates, Spanish businessman Amancio Ortega currently ranks as the third richest person in the world, with a net worth of $82.7 billion, followed by Warren Buffett ($74.5 billion) and Mark Zuckerberg ($70.5 billion).

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