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Jeff Bezos' net worth tops $105bn as Amazon shares climb | |
(about 1 hour later) | |
Jeff Bezos’ net worth reached $105.1bn (£77bn) Monday on the Bloomberg Billionaires Index as Amazon shares added to a 12-month surge that’s lifted the online shopping giant’s market value by almost 57 per cent. | Jeff Bezos’ net worth reached $105.1bn (£77bn) Monday on the Bloomberg Billionaires Index as Amazon shares added to a 12-month surge that’s lifted the online shopping giant’s market value by almost 57 per cent. |
Amazon shares have risen 6.6 per cent this year, with a report showing the Seattle-based company captured 89 per cent of online spending among dominant holiday retailers in the five-week period beginning the day after Thanksgiving in the US. | Amazon shares have risen 6.6 per cent this year, with a report showing the Seattle-based company captured 89 per cent of online spending among dominant holiday retailers in the five-week period beginning the day after Thanksgiving in the US. |
The latest jump has pushed Bezos’ fortune definitively above the high reached by Microsoft’s Bill Gates in 1999. | The latest jump has pushed Bezos’ fortune definitively above the high reached by Microsoft’s Bill Gates in 1999. |
The Amazon founder passed Bill Gates in October with a net worth of $93.8bn and his fortune crossed $100bn for the first time a month later when the holiday shopping season kicked off on Black Friday. | The Amazon founder passed Bill Gates in October with a net worth of $93.8bn and his fortune crossed $100bn for the first time a month later when the holiday shopping season kicked off on Black Friday. |
Mr Gates, 62, would have a net worth of more than $150bn if he’d held onto assets that he’s given away, largely to the Bill & Melinda Gates Foundation. | Mr Gates, 62, would have a net worth of more than $150bn if he’d held onto assets that he’s given away, largely to the Bill & Melinda Gates Foundation. |
He has given away almost 700 million Microsoft shares and $2.9bn of cash and other assets since 1996, according to an analysis of his publicly disclosed giving. | He has given away almost 700 million Microsoft shares and $2.9bn of cash and other assets since 1996, according to an analysis of his publicly disclosed giving. |
Mr Bezos also controls closely held space exploration business Blue Origin and the Washington Post. | Mr Bezos also controls closely held space exploration business Blue Origin and the Washington Post. |
Bloomberg | Bloomberg |
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