mazon.com Inc Chief Executive, Jeff Bezos, has unseated fellow tech billionaire Bill Gates as the richest person in the world.
He is said to be profiting from the e-commerce company’s meteoric stock rise to reach a fortune of $90.6 billion, Forbes reported.
Amazon shares jumped 1.6 per cent at the start of trading on Thursday, boosting the net worth of Bezos – the company’s founder and largest
shareholder – by $1.4 billion, according to Forbes, which tracks the world’s wealthiest.
The stock was up ahead of Amazon’s second-quarter earnings report Continue reading “Amazon CEO Jeff Bezos overtakes Bill Gates as world’s richest – Forbes”