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Jeff Bezos Net Worth Surpasses $100B, After Bill Gates

Jeff Bezos Net Worth Surpasses $100B, After Bill Gates

Jeff Bezos worth surpassed $100 billion!

As per the Bloomberg’s reports, Amazon Inc founder’s net worth has exceeded $100 billion for the first time. As the online retailer’s shares jumped more than 2 percent due to sale on Black Friday Amazon, it added $2.4 billion worth to Jeff making it to a total of $100,3 billion.

Jeff already surpassed Bill Gates in October as the world’s richest man, and became the 53rd person to hit a 12-figure worth after Gates in 1999.

Image: Bloomberg

As per the Bloomberg Billionaires Index Bezos’s net fortune rose $32.6 billion this year through Thursday, the largest increase of anyone on the index. Unlike Gates or Warren Buffet, Bezos has given relatively little of his fortune to charity. Bezos is though planning to focus on philanthropy and asked for ideas on Twitter.

 

Since 2002, Bezos has given away Amazon shares worth about $500 million at current prices, according to a Bloomberg analysis of Form 4 filings. Bezos also said in April that he sells worth $1 billion of Amazon shares to fund his space project Blue Origin and its rockets, every year.

Gates donated $2.9 billion of cash and assets to charity along with 700 million worth of Microsoft Corp shares, with which his worth would have been more than $150 billion.

 


 

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