Jeff Bezos, founder and CEO of Amazon, once again surpassed Bill Gates on Friday to become the richest person in the world.

Jeff Bezos has again claimed the No. 1 spot on the list of the world’s wealthiest individuals, after Amazon investors pushed the stock up more than 11% on Thursday’s strong third-quarter earnings report.

Bezos, Amazon’s founder and CEO, had a net worth as of Friday morning of $91.6 billion, according to Forbes’ real-time ranking of the world’s billionaires — surpassing Microsoft co-founder Bill Gates, whose net worth stands at around $90 billion. Bezos’ fortune increased nearly $9 billion overnight, as Amazon stock was up more than 11% in Friday trading.

On July 27, Bezos had become the world’s richest person for a few hours morning, but Amazon shares declined in afternoon trading, putting Bezos back at No. 2 behind Gates.

For Q3, Amazon posted sales of $43.7 billion, up 34% year-over-year, with net income of $256 million (52 cents per share). That was a robust beat of Wall Street analyst forecasts of $41.6 billion in revenue and earnings per share of 7 cents.

https://tropage.com/amazon-ceo-jeff-bezos-becomes-worlds-richest-person/

jeff bezos! how u picked race leaving mark behind is astounding. mynd44 lalasticlala ishilove seun

That's a good one for Bezos. Hope he stays on it for a little longer. Margin is not much.