Amazon’s Owner Jeff Bezos Might Become The World’s Richest Person

Amazon’s Owner Jeff Bezos Might Become The World’s Richest Person

AdminApril 29, 20171min2570

The owner of the largest e-commerce Jeff Bezos can soon become the richest person in the world. Recently, the shares of the company rose by 3.76%, and the net-worth of Bezos increased to $81.5 billion, which is $2.8 billion more than he previously had.

The increase is due to the fact that Amazon revealed that they’d made a higher revenue than the predicted number. Last year’s reported revenue was $35.71 billion, whereas it was estimated to be $35.3 billion. Jeff Bezos is currently the largest stakeholder of the company with a total of 17% of outstanding shares.

Bezos is steadily going up in the rankings as he beat the long-time holder of the second position Amancio Ortega, who is the owner of Inditex Fashion Group. To become the world’s second-richest person he had to surpass Berkshire’s Hathaway owner Warren Buffet who has a net worth of $75.5 billion.

This is the first time that his fortune went over the boarder of $80 billion and he might become the world’s richest person very soon. However, to do so, he needs $5.5 billion more to surpass the wealthiest individual in the world – Microsofts co-founder Bill Gates. He’s been the richest person since 2013, and his current net worth is $87.1 billion. Rumors have it that he will become the first trillionaire in the next few years!

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