Jeff Bezos becomes the richest person in modern history

Richest man in history Amazon’s Bezos earns more in 5 days than most could in 5 lifetimes

Amazon founder Jeff Bezos worth is now more than that of Microsoft CEO Bill Gates.

Jeff Bezos, the newly minted richest man in the world, is now the wealthiest person of all-time after his fortune soared to new heights, APA reports quoting.Daily Mail.

Bezos, now the richest person in history, gets the majority of his net worth from the almost 80 million Amazon shares he owns.

Forbes, the other major tracker of the net worth of the world's richest, put Bezos' net worth at a mere $104.4 billion.

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The majority of that net worth comes from the 78.9 million shares of Amazon stock Bezos owns, CNN reported.

Move over Bill Gates, you are only worth $93 billion.

When Amazon stock climbed 1.4 per cent Monday, it added approximately $1.4 billion to Bezos' net worth. Shares of Amazon have risen by nearly seven per cent this year after rising 56 per cent in 2017, reported money.cnn.com. In the third position is Facebook's Warren Buffet, with a net worth of $87.2 billion, while Mark Zuckerberg and Amancio Ortega round out the top 5 with $77.5 and $76 billion, respectively.

In case you were wondering, Bezos' fortune amounts to 1.78 million times the median USA household income.

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