With $150bn net worth, Amazon founder, Jeff Bezos, is richest man in modern history

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The Amazon. com Inc . founder ’ s net worth topped $ 150 bn in New York on
Monday , making him the richest man in modern history .
According to the Bloomberg Billionaires Index , Jeff Bezos ’ s net worth is about
$ 55 bn more than Microsoft Corp co - founder Bill Gates , the world ’ s second - richest
person.
Bezos , 54 , has also topped Gates in inflation - adjusted terms . The $ 100 bn mark that
Gates hit briefly in 1999 at the height of the dot- com boom would be worth about
$ 149 bn in today ’ s dollars .
That makes the Amazon chief
executive officer richer than
anyone else on earth since at
least 1982 , when Forbes
published its inaugural wealth
ranking .
Bezos crossed the threshold as
Amazon was preparing to kick
off its 36 - hour summer sales
event , Prime Day , which got off
to a rocky start as glitches struck the firm ’ s website and mobile app.
Shares of the company , which had climbed to a record $1 , 841 . 95 earlier Monday ,
pared gains on the news , closing up 0 . 5 per cent at $ 1, 822 . 49 .
It is believed that Bezos ’ s stay above $ 150 billion may be short - lived as the stock
slipped below $1 , 800 in extended trading.
His net worth has soared by $ 52 bn this year , which is more than the entire
fortune of Alibaba Group Holding Ltd ’ s Chairman Jack Ma , Asia ’ s wealthiest
person.
It also puts Bezos ’ s personal fortune within spitting distance of the $151 . 5 bn
controlled by the Walton family , the world ’ s richest dynasty

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