Bill Gates back on his position, World Richest Man
Jeff Bezos, founder of e-commerce retailer Amazon, became the world's richest man for a few hours after he overtook Microsoft founder Bill Gates who continues to be in top position for last many years. Amazon's stock gained about 2.5% due to its wealth rise however, this growth disappeared till the stock market was closed. With this, Bill Gates regain his position of world's richest in the world.
According to the report, the price of Amazon shares rise 1.3 percent to the level of $ 1,065.92 on the New York Stock Exchange on Thursday morning. In this case, the 17 percent shareholder of the company, Bezos's total assets reached close to $ 90.6 billion.
Bill Gates's total net worth was $ 90.7 billion. It is noteworthy that according to Forbes, Bill Gates remained the world's richest since May 2013. At the same time, in March this year, Bezos reached the second spot in the list of the world's richest people.