Microsoft Founder Bill Gates has lost the status of world’s richest person which he has been maintaining for the last one decade. Amazon Chief Executive Jeff Bezos has become the richest person in the world after making $6.1 billion in just five trading days in 2018 and is now worth $105 billion.
The Bloomberg Billionaires Index revealed Bezos’ net worth reached $105.1 billion and eclipsed the record previously held by Bill Gates. The sudden increase in Amazon’s share price made the New Mexico-born businessman richer by $1.4 billion.
The founder of the world’s largest online retailer moved ahead of Gates in October with a net worth of $93.8 billion and his fortune crossed $100 billion for the first time. Gates is worth $91.9 billion according to Forbes, and $93.3 billion by Bloomberg.