Published: Wed, January 10, 2018
Markets | By Rosalie Gross

Amazon Founder, WashPo Owner Jeff Bezos the Richest Man in History

Amazon Founder, WashPo Owner Jeff Bezos the Richest Man in History

Jeff Bezos's net worth reached $105.1 billion Monday on the Bloomberg Billionaires Index as Inc. shares added to a 12-month surge that's lifted the online shopping giant's market value by nearly 57 percent.

Amazon has delivered a big prize to its CEO Jeff Bezos, who is now the richest person on Earth.

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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. For example, he made roughly $1.4 billion in gains Monday when Amazon stock climbed almost 1.5%. Bezos first made the Forbes 400 list in 1998, with a net worth of $1.6 billion, shortly after his internet company went public. 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. The stock is up about 7% in 2018 after soaring 56% in 2017. "That eclipses the record previously held by Microsoft founder Bill Gates", reported CNN on Tuesday.

Bezos' wealth peaked as Amazon stock prices have climbed on the back of strong holiday shopping performance.

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