Amazon CEO Jeff Bezos world richest person

Amazon CEO Jeff Bezos crossed Bill Gates, the founder of Microsoft and became world's richest person. THis is the second time Jeff defeated Bill Gates and stood number one.

Bezos became the richest person in the world for the first time three months ago as Amazon stock hit an all-time high on July 27.

Jeff Bezos’s net worth rose by $7 billion on Friday after Amazon stock opened up more than 8 per cent higher than Thursday’s close. Amazon stock saw a spike in after-hours trading on Thursday after the company reported strong third-quarter earnings. However, Bill Gates remained at the top position thanks to a 7 per cent spike in Microsoft’s stock overnight. At that time, Bezos had a net worth of $89.7 billion, while Gates had a net worth of $90.1 billion.

Then by 10:15 am Eastern, Amazon stock had climbed nearly 2 per cent since the market opened, adding $900 million to Jeff Bezos’ net worth and making him the world’s richest person again. At that time, Bezos had a net worth of $90.6 billion versus Bill Gates’ $90.1 billion.