Meet The World’s Richest Man 2017. The Man Jeff Bezos of Amazon

Meet The World’s Richest Man 2017. The Man Jeff Bezos of Amazon

Amazon founder Jeff Bezos on Thursday became the world’s richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated.

The magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, ahead of the $90 billion for Gates.

Bezos  17 percent of the equity of Amazon gave him a lift when Amazon shares were up 1.7 percent at $1,070.72 and have risen some 24 percent over the past four months, adding some $17 billion to the net worth of the 53-year-old Bezos.

Gates has been the richest person in the Forbes magazine’s annual rankings in March for the past four years and 18 of the past 22 years. Mexican telecom magnate Carlos Slim overtook Gates from 2010 to 2013.

Among the billionaires gaining ground is Facebook founder Mark Zuckerberg, who has an estimated worth of some $72.9 billion.

While most of Bezos’s wealth is in Amazon, he also owns the private space firm Blue Origin and the Washington Post newspaper.



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