Jeff Bezos Surpasses Bill Gates As Richest Person Of All Time

Jeff Bezos Surpasses Bill Gates As Richest Person Of All Time”

He's now the richest person in history, dethroning former record-holder Bill Gates.

According to Bloomberg's daily billionaire index, Bezos' net worth reached US$105.1 billion Monday.

Bezos Richest Man
Companies Jeff Bezos Swipes Title as Richest Man in the World

Forbes put Bezos' net worth at $104.4 billion.

It's well-known that Amazon CEO Jeff Bezos is working on a venture to take tourists into space, but his wealth is already out of this world. For example, he made roughly $1.4 billion in gains Monday when Amazon stock climbed almost 1.5%.

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Amazon's share price, and therefore Bezos' net worth, has jumped significantly since September. That eclipses the record previously held by Microsoft founder Bill Gates.

Bezos started the year as the fourth wealthiest person before surpassing Buffett and business tycoon Amancio Ortega, Bloomberg reported in July. Shares of Amazon climbed 1.4% Monday, adding about $1.4 billion to his net worth. The company's shares are up 7 per cent in 2018, after soaring 56 per cent in 2017.

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Bezos surpassed Gates in October previous year with a net worth of $93.8 billion and his fortune crossed $100 billion for the first time a month later when the holiday shopping season kicked off on Black Friday.

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