Amazon CEO Jeff Bezos is world's richest person


It's well-known that Amazon CEO Jeff Bezos is working on a venture to take tourists into space, but his wealth is already out of this world. Had he held on to that money, his net worth today would be well over $150 billion. That is about 17 per cent of the online book-selling company that he founded in a Seattle garage in 1994. Most of Bezos' wealth comes from his Amazon holdings, tying his net worth to market fluctuations.

Bezos first won the title of world's richest person in July, when he briefly passed Gates, and then moved ahead of the Microsoft mogul in October, CNN reported.

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Bezos surpassed Gates in October a year ago with a net worth of $93.8 billion and his fortune crossed $100 billion for the first time a month later when the holiday shopping season kicked off on Black Friday. If adjusted for inflation, that cumulative total would now be over $144 billion in 2018. He has given away nearly 700 million Microsoft shares and $2.9 billion of cash and other assets since 1996, according to an analysis of his publicly disclosed giving.

Bezos came under fire a year ago when The New York Times questioned his level of philanthropic giving. In the third position is Facebook's Warren Buffet, with a net worth of $87.2 billion, while Mark Zuckerberg and Amancio Ortega round out the top 5 with $77.5 and $76 billion, respectively.