Financial

World’s richest man is now Jeff Bezos beating Bill Gates after 3 years.

[google-translator]

Bill Gates has finally been moved to the second position after Jeff Bezos who has climed to number one spot now on the list of the richest people of the world.

Jeff Bezos who is the founder and CEO of Amazon is the richest man in the world. This happened when the shares of Amazon surged up causing Bezos’s net worth to shoot up to $90.4 billion. Bill Gates who has been holding this spot unbeatedly since 2013.

Jeff has had a steady ascend on this list. He started the year being the fourth richest person in the world. He has surpassed Amancio Ortega, and Warren Buffett.  The shares of Amazon have risen by 40% this year causing Bezos’s 17% ownership stake to add $24.5 billion to the overall net worth.

The overall shares of Amazon will rise up to 22% per quarter. This year, Amazon has expanded its business and entered the Singapore market as well. Amazon prime is the main factor bringing a major share of growth for both Amazon and Jeff Bezos.

P.I. Staff Writer

Recent Posts

Ram Mandir Inauguration Ceremony Updates: PM Modi lands in Ayodhya for Pran Pratistha

Ayodhya in grip of religious fervour as long-awaited Pran Pratishtha ceremony of Ram Lalla will…

4 months ago

Why Iran attacked Pakistan, how it will affect the region and the world?

Iran launched a daring assault on militant bases in Pakistan’s Balochistan province on Tuesday, escalating…

4 months ago

Vibrant Gujarat Global Summit 2024

Prime Minister Narendra Modi is scheduled to arrive in Ahmedabad for his two-day visit on…

4 months ago

India-Maldives Row: Bookings Suspended, Boycott Calls, #ChaloLakshadweep Campaign And All That’s Happening.

India has summoned the Maldives envoy after three ministers of the Maldives nation made derogatory…

4 months ago

BBC India offices searched by income tax officials.

On the afternoon of 14 February, a large crowd had formed outside the British Broadcasting…

1 year ago

Pathan movie Starrer Sharukhan Khan crosses ₹ 700 Crs at the WW Box office in 9 days.

Pathan" is an action thriller movie released in 2022. The film stars Shah Rukh Khan…

1 year ago