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Jeff Bezos Net Worth Surpasses $100 Billion

Jeff Bezos

Jeff Bezos net worth has crossed $100 Billion after Amazon’s Black Friday Sales.

Jeff Bezos is founder, chairman, and chief executive officer of Amazon.com, the world’s largest online shopping retailer. According to Bloomber, Bezos’s fortune has crossed 12-digits due to the record hit sales on Amazon.The company shares has jumped 2% due to black Friday sales.

Bezos is now the world’s richest man. He owns 78.9 million shares of Amazon, according to a Nov. 14 filing. That alone makes him worth $93.5 Billion (One share price of Amazon is $1,186 as of now.) Although Amazon is his biggest income source, he also owns some other businesses like the Washington Post and the space company Blue Origin. He also invests money in startups.

Bill Gates currently has net worth of $86.8 billion. He would have been worth more than $150 billion if he hadn’t given his Microsoft shares in charity, according to an analysis of his publicly disclosed giving since 1996. Bezos, like Gates, also focuses on Philanthropy and has given up more than $500 million at current prices in charity.

If the wealth if these billionaires keeps rising at this rate, we could have our first trillionaire very soon and Bezos will likely fit in the expected candidates of the trillionaire crown.

 

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