Jeff Bezos- New Richest Man in the World

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Jeff Bezos- New Richest Man in the World

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Jeff Bezos is now the richest man in the world. On Monday, January 8th, Bezos net worth reached a whopping $105.1 billion dollars. His network surpassed the record previously held by creator of Microsoft, Bill Gates.

The bulk of Bezos net worth comes from the 78.9 million shares of Amazon stock that he owns. Amazon shares climbed 1.4% Monday, adding about $1.4 billion to his net worth.

Bezos briefly held the title of richest person in the world in July, when he passed Bill Gates. He also moved back ahead of Gates in October. He first crossed the $100 billion net worth mark November at the beginning of the holiday shopping season.

Microsoft founder, Bill Gates, is now worth $91.9 billion according to Forbes. That’s enough to keep the No. 2 spot on multiple lists of richest people.

Gates would be worth far more than Bezos if not for his large charitable contributions. Bloomberg took an analysis of his publicly disclosed donations, and it shows that Gates has given away 700 million shares of Microsoft, worth $61.8 billion, as well as $2.9 billion in cash, which would put his net worth over $150 billion. According to the Bloomberg, Bezos is now worth more than Gates ever was, even at his richest back in 1999. That makes Bezos the richest man in history.

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Amanda Rose Jones, Editor

I've always enjoyed writing, it's been something I've taken part in since I was a young girl. When I came to Obama and saw Journalism as an elective course...

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