Breaking News

Asia Today ISSN 1861-4604 Saturday, January 20, 2018


Amazon CEO Jeff Bezos is now the richest person in history

Net worth reached $105.1 billion

Share on Facebook January 10, 2018, Reporter : BNN, Reader : 45


CALIFORNIA, U.S. - On Monday, Amazon CEO Jeff Bezos’ net worth reached $105.1 billion, making him the richest person in history.

According to Bloomberg’s billionaire tracker, Bezos’ net worth eclipsed the record previously held by Microsoft founder Bill Gates.

The other major tracker of the net worth of the world's richest, Forbes put Bezos' net worth at a mere $104.4 billion.

However, after shares of Amazon rose 1.4 percent on Monday, it added about $1.4 billion to his net worth.

The majority of his net worth comes from the 78.9 million shares of Amazon stock Bezos owns. 

So far this year, shares of Amazon are up nearly 7 percent, after rising 56 percent in 2017.

Apart from Amazon, Bezos' other holdings include the Washington Post and Blue Origin, a private space travel business that intends to take tourists to space.

In July last year, Bezos secured the title of world’s richest person and even briefly passed Bill Gates. 

But in October, he moved back ahead of Gates. 

Then, in November, he first crossed the $100 billion net worth mark at the start of the holiday shopping season.

According to Forbes, the Microsoft founder is now worth $91.9 billion, and $93.3 billion according to Bloomberg. 

Forbes has reported that his net worth was briefly above $100 billion back in April 1999, when the internet stock bubble helped to inflate the value of his holdings. 


More Euro Asia news of the month

Photos Media, analysts outraged, amused by Trump’s Fake News awards

WASHINGTON, U.S. - After several delays, U.S. President Donald Trump finally released his Fake News Awards, tweeting out a list of...

Photos Trump denies crude comments, Africa vows diplomatic protest

Despite repeated denials from both himself and his administration, the U.S. President Donald Trump repeated his claim that he is not a...

Photos MLK Day: Protesters criticize Trump as he breaks tradition

FLORIDA, U.S. - U.S. President Donald Trump marked Martin Luther King Jr. Day breaking with Presidential tradition, visiting his golf...

Photos Trump's shithole scandal: World leaders call Trump a racist

While the U.S. President Donald Trump has outrightly denied making derogatory comments about certain countries and immigrants from those...

Photos Trump likely to impose new set of sanctions targeting Iran

WASHINGTON, U.S. - U.S. President Donald Trump is widely expected to continue to suspend key sanctions on Iran, eventually avoiding...

Photos Trump open to talks with Kim Jong Un on nuclear weapons

WASHINGTON, U.S. - After shunning him as the little rocket man, now the U.S. President Donald Trump has expressed interest in holding...

Photos Stars shine bright as white takes over at #CriticsChoice awards

Golden Globes kicked off the 2018 award season in style and it is quickly being followed by another big star-studded event honouring the...

Photos Trump’s plan to reduce trade deficit: Sell American weapons

U.S. - In a bid to create more jobs and bring down the U.S. trade deficit from a six-year high of $50 billion, the U.S. President Donald...

Photos Sydney burns: Hottest temperature in nearly 80 years

SYDNEY, Australia - On Sunday, Australian meteorologists announced that Sydney had endured its hottest temperature in nearly 80 years....

Flying Reimagined

Stock Index

Saturday, January 20, 2018

Life Style

Photo Gallery