Jeff Bezos just passed Bill Gates for world's richest person
Jeff Bezos has leapfrogged Bill Gates again for the title of world's richest billionaire. But they're both having a pretty good day.
Amazon stock jumped 13.5% on Friday after the company turned in another incredible earnings report -- more than a quarter-billion dollars in profit in three months.
Bill gates(left), Jeff Bezos(right) |
Bezos owned nearly 80 million shares in Amazon (AMZN, Tech30) as of August, according to the most recent available data from FactSet. He made more than $10 billion from the one-day stock surge and is now worth well over $90 billion.
At the end of trading on Thursday, Gates occupied the top spot in the Bloomberg Billionaires Index, with a net worth of $88 billion. Bezos had $83.5 billion, and his big day on Friday was more than enough to close the gap.
Related: Number of billionaires worldwide rises 10%
Related: Number of billionaires worldwide rises 10%
But Gates also got a boost as Microsoft(MSFT, Tech30) stock rose 7%. Gates owned 103 million shares as of September, according to FactSet. Microsoft stock climbed about $6 a share, so Gates added almost $600 million to his personal wealth.
Bezos briefly dethroned Gates once before, on July 27, when his net worth topped $90 billion because of a temporary surge in Amazon stock.
No comments