Amazon CEO Jeff Bezos now worth $100 bn

26 November, 2017, 00:21 | Author: Elaine Woods
  • Jeff Bezos Worth Over $100B After Amazon's Black Friday Rally

Amazon founder Jeff Bezos has become the world's newest and only $100bn billionaire - thanks to a $2.4bn surge in his personal fortune on the run up to Black Friday.

Online purchases for the day are up 18.4 percent over past year, according to data from Adobe Analytics, and investors are betting the company will take an outsized share of online spending over the gifting season. Though the two men have dueled over the richest person title, Bezos is now confidently in the lead, according to CNN Money, with Gates "now worth a mere $89 billion, according to Forbes and Bloomberg".

The founder of the world's largest e-commerce company made almost Dollars 2.4 billion on Friday alone.

Get this. Bezos made $2.4 BILLION on Friday! Bezos has once again knocked Bill Gates off the top spot. Berkshire Hathaway investor Warren Buffett holds the No. 3 slot on the list.

The online retail mogul surpassed Bill Gates again on the Bloomberg Billionaires Index, this time advancing nearly $11 billion past the Microsoft co-founder.

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Unlike Gates and Buffett, Bezos has given relatively little of his fortune to charitable causes. Were he more selfish, Bloomberg estimates Gates could now be worth $150 billion.

The world's richest man and e-commerce mogul directly owns about 78.9 million shares of Amazon. However, just in June, Bezos sent out a tweet requesting ideas on how to make sure his "philanthropic activity" is "helping people".

This year alone, Bezos' fortune has increased by $32.6 billion - more than anyone else on the Bloomberg Billionaire Index.

His goal was to tackle problems "at the intersection of urgent need and lasting impact".

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