Jeff Bezos has now gone where no man has been before
Jeff Bezos' latest achievement has come at a time when Amazon has kicked off Amazon Prime Day, its 36-hour summer sales event worldover.
Among all the richest persons till date, Jeff Bezos, founder, Amazon has made an extraordinary achievement. Bezos has become the richest man ever in modern history. According to Bloomberg Billionaires Index, Amazon founder’s net worth crossed a whopping $150 billion in New York on Monday.
Microsoft co-founder Bill Gates, the second on the rich-list, has a net worth of $95.5 billion, $55 billion less than that of Bezos. Gates had crossed the $100 billion mark briefly in 1999 during dot-com boom. This $100 billion will be worth $149 billion factoring in inflation, according to Bloomberg. So, Bezos's net worth crossing $150 billion makes him richer than anyone else on earth since at least 1982, when Forbes published its inaugural wealth ranking.
Bezos is in the same league of the Walton family, which is the richest dynasty having a wealth of $151.5 billion.
Bezos' latest achievement has come at a time when Amazon has kicked off Amazon Prime Day, its 36-hour summer sales event worldover.
Amazon share price rallied to a record $1,841.95 on Monday, but pared gains to settle 0.5 per cent lower at $1,822.49. As Amazon site crashed amid summer sales, it appears Bezos’s latest achievement will be short-lived. His net worth looks set to slip below $150 billion as Amazon share price already slipped below $1,800 in extended trading hours.
Meanwhile, India's richest man Mukesh Ambani has become Asia's richest man too, outrunning Jack Ma, who is a founder of China’s largest e-commerce company Alibaba.
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Riding on the back of Reliance Industries, Ambani’s fortune has risen to $44.3 billion, as per Bloomberg index. His wealth was driven by RIL shares, which had shot up 1.7% on Friday with a fresh high of Rs 1,107.25 per piece on BSE. Meanwhile, Alibaba’s founder has a wealth of $44 billion by end of Thursday trading session in the US.
A $4 billion has been added in Ambani’s fortune so far in 2018, as RIL doubled its petrochemical capacity.